San Francisco-Based Company and Okta

IPO: Okta could file for an IPO as early as the second half of this year, the people said this week, according to Euro News. However, the San Francisco-based company has also held talks with technology peers about being acquired, and could pursue a sale if it believes it can fetch a significantly higher valuation than in an IPO, the people added. Okta exploration of both an IPO and a sale underscores the dilemma faced by several technology companies this year, as the frothy stock market valuations of many of their peers begin to come down, prompting potential buyers to enter the fray. The sources asked not to be identified because the deliberations are confidential. The market for technology IPOs remains choppy. Okta and Goldman Sachs declined to comment. (news.financializer.com). As reported in the news.