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Clearlake Capital to Buy Cornerstone OnDemand for $5.2 Billion

L.A. Business Journal

Santa Monica-based Cornerstone OnDemand Inc., a human resources management software company, has entered into an agreement to be acquired by Clearlake Capital Group in a transaction worth $5.2

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Cornerstone OnDemand Loses CFO

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops software and services used for employee development and training, says that its CFO, Brian Swartz, is leaving the company. According to Cornerstone OnDemand, Swartz is leaving on August 14th to "pursue another opportunity". Honeywell and PricewaterhouseCoopers.

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Cornerstone OnDemand Goes Private In $5.2 Billion Deal With Clearlake Capital

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50

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Cornerstone OnDemand Links Software With Microsoft Viva

socalTECH

Santa Monica-based Cornerstone OnDemand, which provides employee development tools and online learning management, says it has integrated with Microsoft's new Viva software. According to Cornerstone OnDemand, both Cornerstone Learning and Saba Cloud will be integrated in the new Microsoft Viva Learning app.

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Cornerstone OnDemand Acquires Clustree

socalTECH

Santa Monica-based Cornerstone OnDemand. Cornerstone OnDemand said it agreed to paid approximately $18.5M announced on Thursday that it has acquired Clustree , a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles.

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Cornerstone OnDemand Acquires Grovo

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops cloud-based learning and human capital management software, said late Wednesday that it has acquired Grovo Learning , a provider of "micro-learning" content, in a deal worth $24M in cash. Grovo was founded in 2010, and has offices in New York City and San Francisco.

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Cornerstone OnDemand Links Into Leadership Podcasts

socalTECH

Santa Monica-based human resources (HR) software ad training products company Cornerstone OnDemand says it is in a new partnership with podcast provider WaitWhat, to offer up leadership podcasts featuring LinkedIn co-founder Reid Hoffman, interviewing such leaders as Barack Obama, Arianna Huffington, Bill Gates, Tory Burch and Sir Richard Branson, (..)