Okta To Acquire Axiom For Privileged Access Management Expansion

The planned acquisition of the startup comes after Palo Alto Networks unveiled its deal to acquire CyberArk, a major privileged access management vendor.

Okta is seeking to expand its privileged access management capabilities with the announcement Tuesday that it plans to acquire a startup in the segment, Axiom Security.

Terms of the deal were not disclosed. CRN has reached out to Okta for comment on a Calcalist report that pegged the deal at “around $100 million.”

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Founded in 2021 in Israel, Axiom Security offers privileged access management that was built to meet the needs of cloud environments as well as SaaS and databases, Okta CTO Abhi Sawant wrote in a post announcing the deal.

The identity security vendor plans to integrate Axiom’s technology into its Okta Privileged Access offering, which will serve to extend access controls to additional sensitive resources, Sawant wrote.

Key capabilities offered by Axiom include just-in-time access as well as automated workflows for requests and approvals, Okta said.

The planned acquisition of Axiom Security “elevates” Okta’s current privileged access management offering to address additional use cases while increasing security controls and connectors for infrastructure such as Kubernetes environments and databases, Sawant wrote.

Okta’s deal for Axiom comes after cybersecurity giant Palo Alto Networks announced its planned acquisition of CyberArk, a prominent privileged access management vendor, for $25 billion.

The deal, which was unveiled in late July and is expected to close by the end of July 2026, would represent Palo Alto Networks’ entry into the identity security category. In addition to privileged access management, CyberArk specializes in identity and access management, identity governance and other categories related to protecting identities.

Two weeks before the CyberArk acquisition was disclosed, Okta and Palo Alto Networks unveiled an expansion to their existing partnership, including through several new product integrations.