Why the Cornerstone-EdCast deal may have ‘a huge effect’ HR by admin - March 19, 20220 In the present day Cornerstone made an enormous announcement: the acquisition of EdCast, one of many leaders and pioneers in studying expertise platforms. Whereas this might not be an enormous deal financially, it's going to have a huge effect on the company studying market, setting off reverberations for years to come back. Background on the Deal Cornerstone is a billion-dollar firm and the market chief in company studying administration programs (acquired final 12 months by Clearlake for $5.2 billion). By means of its personal natural progress and the acquisition of Saba, Lumesse, Halogen and different smaller distributors, the corporate now has greater than 75 million customers and manages the back-office studying for greater than 6,000 corporations. When Cornerstone went personal final 12 months,