1Password Acquires Apono in Reported $250M-$300M Deal

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Password, secret, and access management solutions provider 1Password announced this week that it has acquired Apono, an Israel-based company that specializes in just-in-time access governance for humans, machines, and AI agents.

Financial details have not been officially disclosed, but Calcalist reported that the deal has been valued at between $250 million and $300 million.

Apono provides just-in-time privileged access management that evaluates each request against policy before dynamically granting temporary, narrowly scoped permissions. These permissions are automatically removed once the task is complete, eliminating the need for standing accounts or persistent privileges.

The platform integrates with AWS, Azure, Google Cloud, Kubernetes, Snowflake, and Databricks, plus more than 200 enterprise tools, enabling users to request access directly in familiar applications.

For AI agents, its Intent-Based Access Control ties permissions to a human delegator and the declared task intent, with real-time monitoring to detect and respond to any behavioral drift.

Apono’s technology...

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