Cornerstone Acquires Saba: What Happens to the LMS Customers

The very brief press releasesays that the combined company will serve 7000 customers and 75 million users around the globe. Impressive. But what’s driving this acquisition? “The combined company will be … See more

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Cornerstone OnDemand Acquires Saba Software | TEC

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Namely, the recent Cornerstone OnDemand acquisition of a direct competitor Saba Software for nearly $1.4 billion was about Cornerstone’s increased scale and reach. Who Is Merging? With …

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Cornerstone OnDemand Buys Saba For $1.4 Billion - ZDNET

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Feb 24, 2020 · Cornerstone OnDemand said it will acquire Saba, which makes talent experience software, for nearly $1.4 billion. Saba is privately held and a portfolio company of Vector Capital.

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Cornerstone OnDemand Inc. Announces Acquisition Of Saba In …

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Feb 24, 2020 · Cornerstone OnDemand Inc. announced Feb. 24 that it was acquiring the cloud-based talent experience solutions software company Saba for $1.395 billion. Over the next …

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FAQs about Cornerstone Acquires Saba: What Happens to the LMS Customers Coupon?

Why did cornerstone acquire Saba Software?

Namely, the recent Cornerstone OnDemand acquisition of a direct competitor Saba Software for nearly $1.4 billion was about Cornerstone’s increased scale and reach. Who Is Merging? With its prominence in the learning management system (LMS) software market, Saba is one of the pioneers of the global talent management industry. ...

Is Saba a competitor to cornerstone in learning management?

Saba has been a fierce competitor of Cornerstone in learning management (but it might still have some complimentary products, which will be talked about later), with approximately 3,300 clients and a global revenue footprint of more than $260 million in 2019. The company today looks very different from its yesteryears of being public. ...

Will Cornerstone OnDemand take over Saba Software?

Cornerstone OnDemand Inc. took over its direct rival, Saba Software, closing the deal late last month. Its next move came Monday, appointing Saba CEO Phil Saunders as CEO of the combined firm. He will take over next month. Analysts see this as an effort to keep Saba customers from defecting. ...

Will Saba be able to migrate to the cornerstone platform?

It will be difficult to roll all of Saba’s best functionality into the Cornerstone platform. But since the elimination of redundancy is central to the acquisition strategy, Saba customers should see a migration sales pitch coming soon. Just keep in mind that this migration path will probably lead only to an equivalent solution, at best." ...

What are the benefits of combining cornerstone & Saba?

The combination of Cornerstone and Saba offers a few major potential benefits, starting with accelerated innovation. Cornerstone has long been a talent management industry leader around product vision and innovation, yet a key bottleneck has admittedly been its research and development (R&D) capacity. ...

Will cornerstone & Saba integrate?

On Tuesday, Cornerstone sketched out its goals for the combined products, including some in-the-works integrations. The Cornerstone and Saba learning management systems (LMS) are broadly similar, providing employee educational and training programs, and the company said it will continue to support both platforms. ...