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If that were the case, Okta would not have acquired Auth0.
by scrollaway 6y ago
If that were the case, Okta would not have acquired Auth0.
- mschuster91 6y agoTaking over a competitor is always a good idea, simply to reduce the amount of players you compete with. This is why Facebook gobbled up Instagram and Whatsapp.
- techrat 6y agoAcquisitions don't happen exclusively because a company is buying out someone who is better than them. Sometimes they happen so a company can buy out someone so they won't have the chance to become better than them and a serious competitor.
- capableweb 6y agoAnd for those in the back that don't know, using that as a reason for an acquisition is illegal and considered anti-competitive practice, hence you'll never hear a company publicly state that reason.
- deleted 6y ago[deleted]
- cat199 6y agobut you will hear: Sometimes they happen so a company can create synergies and improve the scope of their product offerings