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Santa Monica-based CornerstoneOnDemand , the developer of software-as-a-service for talent and employee management, has dropped its plans for a secondary IPO, citing "current marketing prices". CornerstoneOnDemand had filed for a secondary offering only a few weeks ago, on July 20th. READ MORE>>.
Santa Monica-based enterprise software developer CornerstoneOnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held CornerstoneOnDemand said it will launch a $100M share repurchase program.
Santa Monica-based CornerstoneOnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. READ MORE>>.
Snap hopefully will be one, or is one already, and CornerstoneOnDemand, and what Brian Lee has done. In the last couple ofyears, we've seen more enterprise technology and software locally here, and software is starting to grow up. That's the Unilver acquisition of Dollar Shave, the GE acquisition of ServiceMax.
Adam Miller – CornerstoneOnDemand. Founder and CEO since starting the company back in 1999, Miller has led Cornerstone through 11 years of consecutive growth. Adam Miller transformed his company into one of the world’s leading software-as-a-service companies, specifically in the HR world. Yes, again. You betcha.
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