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Clearlake Capital-backed Cornerstone acquires EdCast

Cornerstone OnDemand, a cloud-based talent management software provider backed by Clearlake Capital Group, has completed its acquisition of EdCast.

Cornerstone and EdCast intend to create an open platform for people development, growth, and mobility, powered by AI, machine learning, and people data. The platform will enable organisations of all sizes to create a scalable learning infrastructure, extend the impact of talent technology investments, and deliver personalised growth for employees that spans learning, skill development, content, and career mobility.

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