Clearlake Capital-backed Cornerstone OnDemand completed the acquisition of EdCast.

Clearlake Capital-backed Cornerstone OnDemand, a cloud-based people development software provider and learning technology company, completed the acquisition of EdCast, a platform for end-to-end employee and talent experience journeys spanning learning, skilling and career mobility. Financial terms were not disclosed. "We are thrilled at the prospect of bringing such an incredible team of learning experts together to revolutionize the learning market. Today’s fragmented HR technology landscape is ripe for reinvention as organizations seek new ways to unify people and business in areas most critical to growth - workforce engagement, talent retention, skills transformation, and career mobility. Cornerstone and EdCast have the potential to deliver a next-generation learning and talent infrastructure, rapidly innovate a connected people growth experience, and create a new blueprint for the way organizations and their people grow and thrive, together," Himanshu Palsule, Cornerstone OnDemand CEO.