Workday to Acquire C1.ai, an Agentic Identity Platform
Workday announced it has signed a definitive agreement to acquire C1.ai (ConductorOne, Inc.), described as a leading agentic identity platform for people and agents, with the transaction expected to close in the fourth quarter of Workday's fiscal year 2027 ending January 31, 2027, subject to customary closing conditions. The acquisition is intended to make Workday the identity governance layer for people, money, and agents, enabling automated access management across applications and AI agents. Workday did not d...
Key takeaways
Strategic rationale: Acquire C1.ai to make Workday the identity governance layer for people, money, and AI agents, extending the Workday Agent System of Record from agent registration to agent access governance across enterprise systems.
Target: C1.ai (ConductorOne, Inc.), described as a leading agentic identity platform for people and agents.
Timing: Expected to close in Q4 of Workday's fiscal year 2027, ending January 31, 2027, subject to customary closing conditions.
Undisclosed terms: Transaction value, purchase price, C1.ai revenue, and other financial metrics were not disclosed in the filing.
Advisors: BofA Securities (financial) and Orrick (legal) are advising Workday; Qatalyst (financial) and Ashurst Perkins Coie (legal) are advising C1.ai, as reported in the source.
Venue and date: Announcement was made at Workday Rising 2026 in Las Vegas on October 13, 2026.
Primary source
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