Okta Acquires AI Security Startup Permiso for Approximately $200 Million

Identity management company Okta has acquired Permiso, a startup specializing in artificial intelligence security. According to sources, the acquisition is valued at approximately $200 million. Permiso is known for providing cloud-based security solutions, with a particular focus on detecting threats in AI systems. This acquisition is seen as part of Okta's strategy to expand its security portfolio. With this move, Okta aims to offer its customers more comprehensive identity and access management solutions. The company seeks to gain a competitive advantage by incorporating technologies that protect against AI-based security threats. While the details of the acquisition have not yet been officially disclosed, industry experts suggest that such mergers could lead to further consolidation in the cybersecurity market. This is not investment advice.