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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 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 Cornerstone's current CEO is Phil Saunders. per share in cash. per share in cash.

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Cornerstone OnDemand Connects With Ultimate Software

socalTECH

Santa Monica-based cloud-based learning, talent management, and other software, said today that it has connected with Ultimate Software , a developer of human capital management software. Cornerstone OnDemand said it joined Ultimate Software's UltiPro Connect Partners program. READ MORE>>.

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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 Opens New Office In Utah

socalTECH

Santa Monica-based cloud-based human capital and resources management software developer Cornerstone OnDemand announced this morning that it has opened up a new office in Utah, where it expects to hire up to 350 people.

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Cornerstone OnDemand Buys Workpop

socalTECH

Santa Monica-based learning and human capital management software developer Cornerstone OnDemand has acquired fellow Santa Monica company WorkPop , as a part of its expansion into talent acquisition software, the company announced this morning. The new solution is based on Workpop's software. READ MORE>>.

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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. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program.