Workday to Acquire Agentic Identity Platform C1.Ai
WDAY sits 70% above its 52-week low of $110.36.
Summary
Workday announced it has signed a definitive agreement to acquire C1.Ai, a leading agentic identity platform for people and agents. The definitive agreement was entered into on October 12, 2026, by Workday, ConductorOne, Inc. (C1.ai), and certain other parties thereto, and Workday will acquire all outstanding capital stock of ConductorOne, Inc. The deal expands Workday's AI and identity capabilities, aligning with its recent strategic AI acquisitions, and is expected to close in Q4 FY27. C1.ai connects to email, CRM, code repositories, finance, and cloud infrastructure systems, and Workday will become the identity governance layer for people, money, and agents. No financial terms were disclosed. This follows Workday's strong Q2 results and ongoing Silver Lake take-private talks, adding another layer to its AI-driven product strategy. BofA Securities is serving as financial advisor to Workday, and Qatalyst is serving as financial advisor to C1.ai.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Workday's 8-K attaches the press release announcing the definitive agreement to acquire C1.ai, expected to close in Q4 FY27.
- Acquisition Terms — The definitive agreement was entered into on October 12, 2026, by Workday, ConductorOne, Inc. (C1.ai), and certain other parties thereto. Workday will acquire all outstanding capital stock of ConductorOne, Inc.
- Platform Capabilities — C1.ai connects to email, CRM, code repositories, finance, and cloud infrastructure systems. Workday will become the identity governance layer for people, money, and agents.
- Advisors — BofA Securities is serving as financial advisor to Workday, and Qatalyst is serving as financial advisor to C1.ai.
All 7 details
- The definitive agreement was entered into on October 12, 2026.
- Workday will acquire all outstanding capital stock of ConductorOne, Inc.
- C1.ai connects to email, CRM, code repositories, finance, and cloud infrastructure systems.
- Workday will become the identity governance layer for people, money, and agents.
- The definitive agreement was entered into by Workday, ConductorOne, Inc. (C1.ai), and certain other parties thereto.
- BofA Securities is serving as financial advisor to Workday.
- Qatalyst is serving as financial advisor to C1.ai.
At the time of this announcement, WDAY was trading at $187.51 on NASDAQ in the Technology sector, with a market capitalization of approximately $45.4B. The 52-week trading range was $110.36 to $247.40. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.