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Reading: Workday to Acquire Pipedream in New Agreement
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Workplace Collaboration

Workday to Acquire Pipedream in New Agreement

PRNewswire
8 months ago
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Workday to Acquire Pipedream in New Agreement
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Workday Rising EMEA – Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced it has entered into a definitive agreement to acquire Pipedream, a leading integration platform for AI agents with more than 3,000 pre-built connectors to the most widely used business applications. Pipedream will give AI agents the ability to initiate workflows, pull data, and execute tasks wherever work happens—across Workday and critical third-party systems.

Trusted Data + Enterprise Connectivity: The Foundation for Actionable AI

For more than 20 years, Workday has been the trusted system of record for people and money, giving it a deep understanding of how organizations work—from team structures and approval chains to financial rules, spend policies, and security permissions that help govern a company’s people and money data. This context is what sets Workday’s approach to AI apart: agents built on Workday can assist the right person, at the right time, within the right security and compliance frameworks.

With Pipedream, that intelligence will extend to the thousands of applications where work happens every day, including Asana, Hubspot, Jira, Recurly, and Slack. Customers will be able to bring information and workflows from across their business directly into Workday—and take action in the external apps their teams rely on—giving AI agents the connectivity they need to move beyond insights and complete work.

For example, an agent could accelerate performance reviews using Workday’s deep understanding of a company’s organizational structure, pull project details from Jira or Asana, request peer feedback through Slack, and then update performance records directly in Workday. All of this happens securely and automatically, helping ensure reviews are timely, consistent, and grounded in real work.

“The ultimate promise of enterprise AI is not just insights, but action,” said Gabe Monroy, senior vice president, Platform, Products and Technology, Workday. “With Pipedream, AI agents will securely connect to major enterprise systems, enabling them to retrieve data and execute tasks. Workday will be the connected system for customers to plan, orchestrate, and execute work— marking a significant advancement for actionable AI.”

“We founded Pipedream to help people work faster and with far less complexity with AI, and we’re proud of the more than 5,000 customers and tens of thousands of users of Pipedream,” said Tod Sacerdoti, founder and CEO, Pipedream. “Joining Workday allows us to bring that simplicity to more than 11,000 organizations around the world, unlocking AI-powered workflows that make work dramatically easier.”

An End-to-End Platform for Building AI Agents for Work

Workday is developing an end-to-end platform for building AI agents that deliver real business value—agents that can understand a company’s full business context and take action across workflows to drive meaningful results. Recent acquisitions of Sana and Flowise, along with the planned acquisition of Pipedream, strengthen this vision by bringing together the intelligence, orchestration, and connectivity required to turn insight into action.

By unifying these capabilities within Workday’s trusted environment, the company will enable customers to design custom agents, equip them with the context they need to make smart decisions, and connect them to the systems where work actually happens — so these agents can truly get work done.

Accelerating Innovation Through an Open Community

Pipedream’s active builder community will accelerate the creation of new connectors, helping customers quickly extend what AI agents can do. Together with Flowise’s open-source community, Pipedream will expand Workday’s support for open development and fuel a steady pace of innovation across the Workday platform.

Details Regarding Proposed Acquisition of Pipedream

The transaction is expected to close in the fourth quarter of Workday’s fiscal year 2026, ending January 31, 2026, subject to the satisfaction of closing conditions. Orrick is serving as legal advisor to Workday. Gunderson is serving as a legal advisor to Pipedream and J.P. Morgan Securities LLC is serving as its financial advisor.

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TAGGED:AI integration platformHR techHR Tech Articleshr tech newsHR technologyHuman Resource Current UpdatesHuman Resource TrendsPipedream acquisitionWorkday
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