Workday agrees to acquire identity management firm C1.ai
Enterprise software provider Workday has agreed to acquire C1.ai, a company that manages human and AI agent identities.
Key points
- Workday has agreed to acquire C1.ai, formerly known as ConductorOne.
- C1.ai develops enterprise software for managing human and AI agent identities.
- The company has raised $111 million in funding.
Workday Inc. has agreed to acquire C1.ai, a software company formerly known as ConductorOne. According to a report by Malia Spencer in the Portland Business Journal, the deal involves the California-based enterprise software giant purchasing the identity management firm.
C1.ai specializes in developing enterprise software designed to manage both human and artificial intelligence agent identities. The acquisition adds a specialized identity management vendor to Workday’s portfolio. The target company has raised a total of $111 million in funding to date, according to the Portland Business Journal report.
Acquisition context
C1.ai has operated with headquarters that have fluctuated between San Francisco and Portland. Workday is listed on the Nasdaq stock exchange under the ticker symbol WDAY. The Portland Business Journal reported the details of the agreement between the two technology firms.
Who is affected
The acquisition involves the transfer of ownership of C1.ai to Workday. The source material does not specify immediate impacts on employees or customers. The deal represents a change in corporate structure for the identity management software provider.
What should you do
Organizations using C1.ai or Workday should monitor official communications for updates regarding the acquisition. Identity management administrators should note the change in vendor ownership for compliance and procurement records. Users should wait for official statements regarding product roadmaps and support continuity.
What to do and how to stay safe: Workday
- Monitor official channels from Workday and C1.ai for announcements regarding the acquisition timeline and integration plans.
- Review current contracts and licensing agreements to understand how the acquisition may affect existing terms or support structures.
- Document the change in vendor ownership for internal compliance, risk management, and procurement records.
- Wait for official guidance before making changes to identity management configurations or workflows that rely on C1.ai software.
Step-by-step guide: Prompt Injection Warning Signs: How to Spot AI Manipulation
General security guidance from the Threat Times newsroom. It is not confirmed advice from the organisations named in this story.
Frequently asked questions
What company is Workday acquiring?
Workday is acquiring C1.ai, which was formerly known as ConductorOne.
What does C1.ai do?
C1.ai develops enterprise software to manage human and AI agent identities.
How much funding has C1.ai raised?
C1.ai has raised $111 million in funding, according to the Portland Business Journal.
