secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2026-10-13T12:46:50+00:00
Accession:  0001327811-26-000051
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000051/0001327811-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000051/wday-20261012.htm
  HTML page:      https://secwatch.observer/filing/0001327811-26-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer