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March 08 - 10:03
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Okta to pay $52.5m for workflow automation specialist Azuqua
Okta is making its first major acquisition. The identity and access management company will buy Azuqua for $52.5 million. Azuqua has built cloud-based software for business application integration and workflow automation. Okta will use Azuque to bolster its Lifecycle Management product. It also announced its fourth quarter results, which surpassed market expectations.
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