SiliconAngle reports that Israel-based identity security startup Spera Cybersecurity will be acquired by Okta in a deal that CTech reported to amount from $100 million to $130 million based on met performance targets. Such an acquisition, which Okta noted is poised to be finalized by February, comes amid IT service management firm’s ongoing expansion efforts in the identity threat detection and response industry, which the company expects to see 90% enterprise adoption by 2026.

Source: SC Magazine