Workday has signed a definitive agreement to acquire C1, the identity security company formerly known as ConductorOne, it said at its Workday Rising conference. Financial terms were not disclosed.
Why Workday is buying C1 (ConductorOne)
C1 provides identity governance and access management for employees, workloads and AI agents. Workday said the deal supports its ambition to be the identity governance layer for people, money and agents across connected applications.
Deal terms and financing
Workday will acquire all of C1's outstanding capital stock. The price was not disclosed.
Regulatory approvals and timing
The deal is subject to customary closing conditions and is expected to close in the fourth quarter of Workday's fiscal 2027.
Market context
C1 was founded in 2020 in Portland, Oregon, and raised a $79m Series B in October 2025 before rebranding from ConductorOne in 2026. Workday has made a string of AI acquisitions, including Sana, Paradox and Flowise.
