Cornerstone OnDemand, Inc. entered into a definitive agreement to acquire EdCast Inc. on March 17, 2022. The transaction is expected to close in the second quarter of 2022. Macquarie Capital (USA) Inc. acted as the financial advisor to EdCast. Karl Mehta former Chief Executive Officer of EdCast, will be joining Cornerstone to lead the new EdCast business unit within the company.

Cornerstone OnDemand, Inc. completed the acquisition of EdCast Inc. on May 16, 2022.