News: Cornerstone acquires Talespin


Cornerstone acquires Talespin

The strategic acquisition is set to revolutionise the future of work by integrating immersive learning experiences, AI-powered content authoring, and skills analytics into Cornerstone's comprehensive learning solutions.
Cornerstone acquires Talespin

Cornerstone OnDemand Inc announced the acquisition of extended reality capabilities and a team of highly specialised domain experts from Talespin, a spatial learning company focused on workforce skills development. 

Spatial learning with XR, which encompasses virtual, augmented, and mixed reality, unlocks the ability to learn in the flow of work in contextually relevant virtual worlds that simulate real-life physical, behavioral, and emotional situations. 

“We’ve evolved to provide engaging, personalised tools centered around growth for employees to pave their path. A natural evolution from personalised is providing truly immersive learning experiences through spatial computing and GenAI. Talespin is another important step in our vision to provide a holistic, integrated continuum of learning solutions with the right content at the right time — and now — with the right modality,” said Himanshu Palsule, CEO, Cornerstone.

“Cornerstone and Talespin have always been focused on ensuring employees are ready and skilled for the constantly evolving world of work,” said Kyle Jackson, Co-founder and Chief Executive Officer of Talespin. “Talespin’s innovative XR experiences, team, and AI capabilities will further strengthen Cornerstone’s industry-leading learning and talent development solutions to bring even more value to customers. Together, we are accelerating the adoption of spatial learning, uniting under the shared ethos of ‘Better Together’ and with that the possibilities for what the future of work can hold are boundless.”

“The immersive learning market is already estimated at $4 billion and is expected to grow at 31% CAGR over the next five years,” said Josh Bersin, Global Industry Analyst. “This amazing new technology, which has been proven to almost triple learning impact, is now breaking out.”

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Topics: Business, #MergersAndAcquisitions

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