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Market Alert: Cornerstone’s Acquisition of EdCast Creates First Mature End-To-End Future-Of-Work Learning Suite From a Single Vendor

What Happened In mid-March 2022, corporate learning solutions vendor Cornerstone announced that it has entered into a definitive agreement to acquire EdCast, provider of a learning experience platform. Once the acquisition is complete, as a result, the industry’s first mature end-to-end learning suite will be available from a single vendor. Background Following a long stint as a publicly traded company, Cornerstone returned to private ownership in late 2021, this time under the auspices of the private equity firm Clearlake Capital Group L.P. With this development for Cornerstone comes the flexibility and agility to compete in a crowded market for corporate learning technology and products. The acquisition of EdCast is evidence.   Download the full 3Sixty Insights Market Alert:

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