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Workday to acquire Pipedream, terms undisclosed

Workday (WDAY) announced it has entered into a definitive agreement to acquire Pipedream, an integration platform. 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. 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. 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 is serving as its financial advisor.

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