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

1Password has acquired Israel-based Apono in a deal reportedly valued between 250 and 300 million dollars, significantly expanding its identity security capabilities. Apono specializes in just-in-time access governance, providing temporary, narrowly scoped permissions for humans, machines, and AI agents that automatically expire after tasks are completed, eliminating the need for persistent privileges. The acquisition allows 1Password to evolve beyond password management into a comprehensive access layer, completing its unified access platform that now covers credentials, SaaS applications, device trust, and privileged access governance.