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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". READ MORE>>.

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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 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, (..)

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Cornerstone OnDemand Acquires Saba For $1.395 Billion

socalTECH

Santa Monica-based Cornerstone OnDemand has acquired fellow talent and human resources management software developer Saba , in a deal worth approximately $1.395 billion, the company said on Monday. Cornerstone OnDemand said that Saba, which has approximately 3,300 clients, has a complementary product portfolio to the company.

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Cornerstone OnDemand Names Chief Marketing Officer

socalTECH

Santa Monica-base Cornerstone OnDemand said late Thursday that it has named a Heidi Spirgi as the company's new Chief Marketing and Strategy Officer, to head up the firm's marketing functions. Spirgi will report to Adam Miller, the CEO of Cornerstone Ondemand. READ MORE>>.

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Cornerstone OnDemand Moves Annual Conference Online

socalTECH

Santa Monica-based Cornerstone OnDemand said this morning that it has moved its annual industry conference, Cornerstone Convergence , online. The company, which develops human resources and "people development" software, will run from September 16th to 17th; the company said the conference will be free.