Cornerstone OnDemand Inc. enhances end-to-end learning content solution through Talespin acquisition
Mar 19, 2024•over 1 year ago
Acquiring Company
Cornerstone OnDemand
Acquired Company
Talespin
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.
M&A Insights
Based on deal dataIntegration 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