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Cornerstone OnDemand Inc. enhances end-to-end learning content solution through Talespin acquisition

Mar 19, 2024over 1 year ago

Acquiring Company

Cornerstone OnDemand

Acquired Company

Talespin

Santa MonicaCulver CitySoftwareArtificial IntelligenceConsumer GoodsSoftware

Description

Cornerstone OnDemand Inc., a leader in learning and talent experience solutions, has announced the acquisition of extended reality capabilities and a team of highly specialized domain experts from Talespin, a spatial learning company focused on workforce skills development. This acquisition solidifies Cornerstone’s content subscriptions, curation, creation, and insights technology to create an end-to-end learning content solution powering the future of work.

Company Information

Company

Cornerstone OnDemand

Location

Santa Monica, California, United States

About

Cornerstone OnDemand Inc. is a leader in learning and talent experience solutions, empowering the future-ready workforce with its leading AI-powered talent experience platform designed to unite technology, data, and content.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed