Okta signed a definitive agreement to acquire identity threat detection startup Permiso Security. Sources value the deal at approximately $200 million. Okta expects the transaction to close in the third quarter of its fiscal year 2027, ending October 2026.

The acquisition integrates Permiso’s multi-cloud detection capabilities for human, machine, and AI agent identities. This move addresses rising AI-related security incidents reported by corporate executives. Permiso’s technology provides visibility into AI agent behavior to counter sophisticated attacks.