Okta announces acquisition of Israeli cybersecurity company Spera

Okta on Tuesday announced that it has entered into a definitive agreement to acquire Spera Security, an Identity security platform, to broaden its Identity threat detection and security posture management capabilities. In a blog post, Okta said: “Earlier this year, we announced key capabilities to Okta FastPass, our phishing-resistant, passwordless authenticator; unveiled Identity Threat Protection with Okta AI at Oktane; and released Okta Privileged Access in GA. This acquisition continues our investment in secure Identity product offerings and furthers our vision to free everyone to safely use any technology. We anticipate the acquisition to close during our fiscal first quarter beginning February 1, 2024. The acquisition has no impact on our previously communicated guidance.”