Workday announced it has entered into a definitive agreement to acquire C1.ai (ConductorOne, Inc.), a platform specializing in identity and access management for both human employees and AI agents. The acquisition is intended to integrate identity governance directly into Workday's core platform, automating and securing access to enterprise systems and applications.
Key Details
- Acquired Company: C1.ai, a platform that manages system access rights for employees and AI agents to enhance security and compliance.
- Strategic Rationale: The acquisition aims to position Workday as the central identity governance layer for enterprises, ensuring people and AI agents have the correct access permissions throughout their lifecycle.
- Timeline: The transaction is expected to close in the fourth quarter of Workday's fiscal year 2027, which ends on January 31, 2027, subject to customary closing conditions.