SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful sale of ...
SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone OnDemand, Inc. (NASDAQ:CSOD), a global leader in people development solutions, today announced it has entered into a definitive agreement to acquire ...
Cornerstone OnDemand founder and CEO Adam Miller is stepping down from the role after 20 years, the company announced Monday. Former Saba Software CEO Phil Saunders will take over as CEO effective ...
If you can’t beat ‘em, join ‘em—or at least acquire them. That's apparently the prevailing wisdom of Cornerstone OnDemand, a publicly traded provider of employee management and professional ...
Cornerstone OnDemand has agreed to acquire Saba, which is backed by Vector Capital. No financial terms were disclosed. Centerview Partners LLC and Morgan Stanley acted as financial advisors to ...
The ~$1.3 billion Saba acquisition will generate FCF of ~$225 million, more than Cornerstone's last two years of FCFs combined. With the goal to be a $1 billion-a-year business, the combined entity ...
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