Anyone knows or thoughts on what one identity paid to acquire onelogin. I would think probably 2B+ given how hot the IAM is. Is it all cash or equity or both?
Just a matter of time before they die off anyway. Okta has a stronghold on the industry, and rightfully.
I think theres still value as being second or thrid, space is huge. @saltyfucc Please post us some rough details about the deal size. I hope its >500Mil
Deal terms are unknown, Not sure why they would sell to private company. I am hoping deal is at-least half cash. any thoughts ?
It's a full cash deal. I own equity for onelogin and was told that I can expect cash payout. The terms aren't disclosed yet.
I own the stock from equityzen, haven't heard any thing about the deal from equityzen. Whats your guess on target price ?
Lol it sad. 🧠 drain going on now. We’ve all been in the dark about everything which is a huuuugeee 🚩 about one identity. They have no real cloud expertise cept whatever Microsoft feeds them and all the onelogin OGs are peacing the fuck out so no idea how or who’s gonna keep the platform running. I give it 9mo
Any clue on the deal?
Not really they’ve been super secret about the deets. Something less than 400M is what I’m hearing but they won’t say the actual number which is also a 🚩
400Mil will be disaster for investors ... its a joke on Gartner Quadrant. I really hope its more than 1Bil.
A friend got the reply from Equityzen as he was an investor. Sale price was 460 mil, it’s a joke. They sold it for pennies.
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When did this happen?
Officially closed on October 1st, not publicized until a few days later: https://techcrunch.com/2021/10/04/one-identity-has-acquired-onelogin-a-rival-to-okta-and-ping-in-sign-on-and-identity-access-management/