Noteworthy technology acquisitions 2021 | Computerworld


Amid the coronavirus, 2020 was unpredictable in more ways than anyone would have expected. But one thing that stayed fairly constant was the steady flow of mergers and acquisitions (M&A) across the tech sector.

Global tech M&A deals last year totalled $634 billion, a 91.8% year-over-year increase, according to GlobalData. Among a late flurry of big deals was the $35 billion acquisition of Xilinx by Advanced Micro Devices and Salesforce’s $27.7 billion acquisition of Slack.

As for whether 2021 will maintain last year’s pace, if the first part of the year is anything to go by, there will be no slowing of big deals across the industry, with silicon innovations and collaboration software already proving to be hot areas.

Here are the biggest enterprise technology acquisitions of 2021 so far, in reverse chronological order:

March 3: Okta to acquire Auth0 for $6.5B 

Okta announced plans to acquire fellow identity management specialist Auth0 for $6.5 billion in an all-stock deal. That price represents a significant premium, as Auth0 was last valued at $1.92 billion privately after raising $120 million in July 2020; that investment was led by Salesforce Ventures.

At first glance, the acquisition looks highly complementary, as Okta builds SaaS tools to help organizations identify and authenticate access to applications across their business. Auth0 was established in 2013 by a team of ex-Microsoft engineers, intent on building a developer-friendly way to include identity management controls within applications.

Copyright © 2021 IDG Communications, Inc.



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