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New Deal


Announced

Cornerstone OnDemand to acquire extended reality capabilities of Talespin.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

artificial intelligence

Digital Services

Domestic

Majority

Private

Single Bidder

Acquisition

augmented reality

extended reality

Pending

Synopsis

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Cornerstone OnDemand, a provider of learning and talent experience solutions, agreed to acquire extended reality capabilities of Talespin, a spatial learning company focused on workforce skills development. Financial terms were not disclosed. “As a leader in learning and talent experience for over two decades, we embarked on a journey of redefining the future of work. We’ve evolved to provide engaging, personalized tools centered around growth for employees to pave their own path. A natural evolution from personalized is providing truly immersive learning experiences through spatial computing and GenAI. Talespin is another important step in our vision to provide a holistic, integrated continuum of learning solutions with the right content at the right time — and now — with the right modality,” Himanshu Palsule, Cornerstone CEO.

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