article thumbnail

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

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Cornerstone OnDemand Links Into ServiceNow

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops cloud-based employee development software, says it has integrated its products with ServiceNow. According to the two, the integration allows organizations that use Cornerstone to train their employees to directly integrate with ServiceNow's HR delivery products.