Workday signed a definitive agreement with Sana Labs AB and other parties on September 15, 2025. The company said it will acquire all of Sana's outstanding capital stock, subject to customary closing conditions.

1. 01

   Workday signed a definitive agreement with Sana Labs AB and other parties on September 15, 2025. The company said it will acquire all of Sana's outstanding capital stock, subject to customary closing conditions.

2. 02

   Workday said it will acquire all of Sana's outstanding shares for about $1.1 billion. It expects the deal to close in the fourth quarter of fiscal 2026, which ends January 31, 2026, subject to customary closing conditions. Its fourth quarter is Q4.

3. 03

   Workday said Sana's core products, Sana Learn and Sana Agents, have served over one million users across hundreds of enterprises. It said Sana was founded in 2016 and will continue to develop both products after the acquisition.

4. 04

   Workday said it will combine Sana's AI-powered search, agents and learning with Workday's data and context to create a new Workday experience. It also said Sana Learn will complement Workday Learning.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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