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Don't Expect an Okta Merger

·3 min read
Don't Expect an Okta Merger
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Following Salesforce's announcement that it has agreed to acquire Slack Technologies, speculation mounted about other potential software-as-a-service companies that could fit well into a larger tech company. Could identity management specialist Okta (NASDAQ: OKTA) potentially get acquired? After all, like Slack, it has a sub-$30 billion market capitalization, making it a doable acquisition target for a megacap tech company such as Microsoft.