Cornerstone OnDemand Buying Evolv

Late-breaking news this evening in the talent-acquisition world: I’m hearing that Cornerstone OnDemand will be buying Evolv.

Evolv is a San Francisco company helping companies use big data in screening. Cornerstone is a hot, public, Santa Monica, California company that has moved into the talent-acquisition field and will move deeper into predictive analytics with the Evolv buy.

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Evolv is being bought for about $42 million; this should happen within a month.

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