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Cornerstone OnDemand Raises $300M From Silver Lake

socalTECH

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. Joe Osnoss of Silver Lake joins Cornerstone's board with the funding, and Silver Lake will also appoint another member of the board at a later date.

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Cast & Crew Acquired by Silver Lake

socalTECH

Burbank-based Cast & Crew Entertainment Services , a provider of technology and payroll services to the entertainment industry, said today that it has acquired by private equity investor Silver Lake. Silver Lake was represented by Kirkland & Ellis LLP. Financial terms of the buy were not disclosed. READ MORE>>.

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CreatorIQ Acquires Tribe Dynamics

socalTECH

Financial details of the acquisition were not announced. CreatorIQ said the buy will create a company with over 450 customers, 250 employees, and $90 million in funding. The company recently raised $40M in funding from such investors as TVC Capital, Kayne Partners Fund, Affinity Group, Unilever Ventures and Silver Lake Waterman.

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Broadcom Lines Up $100 Billion In Bid To Acquired Qualcomm

socalTECH

Broadcom says it has lined up $100 billion in commitments to finance its proposed acquisition of Qualcomm this morning. Broadcom said the financing will allow it to fully fund the $60 per share in cash component of its $82 per share offer to acquire Qualcomm. READ MORE>>.

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Bio Roundup: $74B for Celgene, Two CAR-T Tales, Ready for SF & More

Xconomy

In 2018, my Exome colleagues and I published hundreds of stories about health, medicine, the biopharma industry, government policy, and more. You’ll find a few of our favorite stories in this review of some of the year’s best from across the Xconomy network.

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