C1.ai Acquired by Workday for Identity Governance

WHAT HAPPENED

C1.ai signed a definitive agreement to be acquired by Workday. The deal is expected to close within the next few months.

WHO IS INVOLVED

C1.ai, an identity governance company founded by Alex Bovee and Paul Querna, is being acquired by Workday, which has more than 65% of the Fortune 500 as customers.

WHY IT MATTERS

As enterprises deploy AI agents, managing non-human identities and their access permissions has become critical. Workday is strengthening its platform by adding C1.ai's identity governance capabilities to address the gap where most organizations lack clear ownership and visibility over agent identities and their access controls.

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