This week on the Weekly Dose I’ll give you some reaction to yesterday’s announcement of Cornerstone acquiring Saba Software.
The acquisition actually makes sense at a major level. You have two competitors beating the crap out of each other for customers, both doing basically the same thing. Cornerstone has been considered the best software in the learning space, and Saba, also in learning, was right on their tails, but also had a better offering when it comes to talent management and performance, because of Saba’s acquisition of Halogen a few years back.
On the analyst call, Cornerstone’s CEO Adam Miller talked about the combined company of over 7,000 clients, 75 million users, and over $800M in combined revenue, making the new combined company, staying with the Cornerstone brand, the largest “specialty” HR technology platform on the market.
Why does this matter to you?
– In a world where big ERP