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On 24 February 2020, Cornerstone announced a definitive agreement to acquire Saba Software for $1.395 billion. Two of the main players in corporate learning and talent systems are coming together to make the largest provider of people development systems. Through its combined scale and reach, additional R&D investment and heightened cash flow, Cornerstone believes this will give them the power to effectively compete against the growing power of Cloud HCM and ERP. What’s the impact? This is the Fosway analyst take.
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