On May 22, 2024, Cornerstone OnDemand Inc., a leader in Workforce Agility solutions, announced the acquisition of workforce skills intelligence capabilities and a team of highly specialized domain experts from SkyHive Technologies Holdings Inc. SkyHive's AI-powered skills intelligence platform and services help customers build skills-based organizations, providing visibility into the capabilities of employees and enabling organizations in their transformation efforts. Wilson Sonsini Goodrich & Rosati represented SkyHive Technologies Holdings in the transaction.

This acquisition accelerates Cornerstone’s reskilling capabilities with predictive labor market intelligence, automated job architecture management, rapid skill proficiency detection, and other services to help organizations build agile workforces. Additionally, SkyHive aligns with Cornerstone’s commitment to openness and extensibility by providing rich integration and normalization for other skills-centric talent applications, simplifying customer technology stacks, and improving time-to-value.

The Wilson Sonsini team that advised SkyHive Technologies Holdings includes:

M&A
Jackie Hamilton
Eleanor Bleecker
Austin Wolfe
Cindy West

Corporate
Jonathan Chan
Matthew Quadrini
Benjamin Miller
Michelle Geller
Mounika Yepuri

Tax
Myra Sutanto Shen
Anjali Krishnan

Technology Transactions
Scott McKinney
Vikki Nguyen
Khalil Nobles
Kristina Wang
Ariel Friedman

Employee Benefits and Compensation
Michael Klippert
Jason Chan

Employment Litigation
Alex Katsnelson

Privacy and Cybersecurity
Matt Staples
Daniel Chen
Dantam Le

Corporate Finance
Joseph Catapano

Restructuring
Ben Hoch
Marsha Sukach

For more information, please see the press release.