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

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 enables 1Password to enhance and extend its identity security platform to govern human, machine, and AI access. “1Password has long been the vault that enterprises and their users relied upon to keep their secrets safe. With Apono, we become the access layer,” said David Faugno, CEO of 1Password. “For 1Password Unified Access, this is an important step forward. We already help organizations secure credentials, manage access to SaaS applications, strengthen device trust, and broker credentials at the moment they are needed. Apono’s just-in-time privileged access governance completes the picture,” Faugno added. SecurityWeek’s M&A tracker has cataloged 190 deals announced to date in 2026, including 20 involving identity security and secure access solutions providers.  More than 420 acquisitions were announced in 2025, and SecurityWeek’s annual M&A report provides a detailed analysis of those deals.  Related: Cybersecurity M&A Roundup: 26 Deals Announced in May 2026 Related: Akamai to Acquire AI and Browser Security Firm LayerX for $205 Million WRITTEN BY Eduard Kovacs Eduard Kovacs (@EduardKovacs) is senior managing editor at SecurityWeek. He worked as a high school IT teacher before starting a career in journalism in 2011. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering. 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