Workday to acquire C1.ai identity governance platform; deal expected to close by Jan 31, 2027

Workday, Inc.

Workday signed a definitive agreement on Oct 12, 2026 to acquire all outstanding capital stock of C1.ai (ConductorOne, Inc.); purchase price not disclosed.
Transaction expected to close in Workday's fiscal Q4 2027, ending January 31, 2027, subject to customary closing conditions.
Workday says C1.ai will make it the identity governance layer for people, money, and agents, extending the Workday Agent System of Record to govern agent access.
Cited C1.ai research: 95% of large U.S. companies already run autonomous agents, but only 21% report a mature way to govern them (Deloitte).
Advisors: BofA Securities and Orrick for Workday; Qatalyst and Ashurst Perkins Coie for C1.ai.

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