OKTA BUYS AI SECURITY STARTUP PERMISO; SOURCE SAYS FOR ABOUT $200M

Okta, a leading identity and access management company, has acquired AI security startup Permino, according to TechCrunch. The acquisition, reportedly worth about $200M, aims to enhance Okta's capabilities in detecting identity threats. This move comes as enterprises increasingly seek to secure AI agents and non-human identities across cloud environments.

The deal gives Okta identity threat detection capabilities, a crucial aspect of securing cloud environments. Although the exact details of the acquisition are limited, the reported price of about $200M suggests a significant investment by Okta in enhancing its security offerings. Additionally, other sources highlight the growing importance of securing AI agents, with an Israeli cyber startup recently raising $113M to secure and control autonomous AI agents, as reported by The Times of Israel.

The acquisition reflects the increasing need for robust security measures as companies adopt more AI-powered solutions, making the security of non-human identities a pressing concern. This trend is also seen in the EU's efforts to build its own AI giga-factories, as reported by Deutsche Welle, underscoring the expanding role of AI in business and technology.

• Okta acquires AI security startup Permino for about $200M
• Acquisition aims to enhance Okta's identity threat detection capabilities
• Enterprises increasingly need to secure AI agents and non-human identities in cloud environments

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