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Cornerstone Completes Acquisition of Saba Software

ID: 1557628
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(businesspress24) - London — 23 April 2020 — Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced the closing of its acquisition of Saba Software, a global leader in talent experience solutions and a portfolio company of Vector Capital. In light of current market conditions, the total transaction value has been reduced from $1.395 billion at the time of announcement to approximately $1.295 billion at closing.

Cornerstone will share detailed financial and operational updates during an expanded first quarter earnings call on 11 May 2020.



More information:
http://www.realwire.com/releases/Cornerstone-Completes-Acquisition-of-Saba-Software



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published by: RealWire
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Date: 04/23/2020 - 12:48
Language: English
News-ID 1557628
Character count: 599
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Firma: RealWire
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