This merger is the first step in reaching our aspiration to become one of the world’s largest and most effective cloud companies, while setting the standard as one of the greatest people companies in the world. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Merger of Kronos and Ultimate Software – A Strategic Joining of Forces Research By: Lisa Highfield , Info-Tech Research Group February 24, 2020 Hellman & Friedman LLC (H&F), the controlling shareholder of both Kronos Incorporated and Ultimate Software , will merge the two entities, creating a human capital management (HCM) powerhouse valued at $22 billion. Domenic Locapo Kronos Incorporated and Ultimate Software have entered into a definitive merger agreement to form one of the world’s largest cloud companies. We’re your partner. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organisations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to form one of the world’s largest cloud companies. With this merger, we have brought together two great people companies to form one global leader in the HR technology space. +1 954.331.7444 The Ultimate Software and Kronos Merger is Official! About six months ago, HCM giants Kronos and Ultimate Software announced they would merge in a record, industry-changing merger valued at $22 billion. [email protected], Ultimate Sales: Every client has unique needs. Kronos Incorporated and Ultimate Software have entered into a definitive merger agreement to form one of the world’s largest cloud companies.. Combining our collective workforce management and human capital management solutions allows us to create the industry’s most powerful and comprehensive suite of HR applications. Learn more about our company and what inspires our success. HR application software providers Kronos Inc and Ultimate Software Group Inc said on Thursday they would merge to form a cloud-based workforce management company valued at $22 billion. Find out more about Kronos workforce management technology. Kronos and Ultimate Software Merge 02/20/2020 Get great content like this right in your inbox. solution that integrates the strongest functionality across all areas and meets a differentiated, best-in-class, full-suite Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Our mission as a combined organization is to continue to show the world the power of putting people first—with a focus on exceptional culture and employee experiences. Feb 20, 2020 5:05PM EST (RTTNews) - Kronos Incorporated (KRON) and Ultimate Software have entered into a definitive merger deal. Through the merger, Kronos and Ultimate Software combined will become one of the world’s largest cloud companies. + 1 800.432.1729 Kronos, Ultimate Software announce merger The deal is expected to close at the end of March and create an enterprise valued at $22 billion. This Ultimate Software and Kronos merger will allow us to design and deliver the world’s most innovative and effective human capital management and workforce management solutions across all industries and sizes, drawing from and improving upon each individual company’s strengths and specialties. Combining our companies allows us to create the industry’s most powerful suite of HR applications, fuel innovation through our combined resources, and deliver exceptional customer service. Aug 28, 2020, 1:27pm EDT Kronos Inc., one of the largest private companies in Massachusetts, is rebranding after its merger with a Florida software … Workforce Management Solution and Ultimate’s recognition as a world-class The Kronos Human Capital Management (HCM) solution helps you manage and engage your entire workforce from pre-hire to retire on a single unified platform. Kronos had already been taken private […] Kronos and Ultimate Software Merge Under Private Equity Firm Hellman & Friedman Research By: Steven Jeffery, Scott Bickley , Info-Tech Research Group March 16, 2020 On February 21, Kronos Incorporated and Ultimate Software announced the merger of the two entities. Kronos Inc. and The Ultimate Software Group Inc., two of the industry's biggest providers of human resources software, today said they plan to merge into a single company that will be valued at $22 b Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. This transaction will create an innovative Human Capital Management (HCM) and workforce management company to assist businesses across all industries with managing their employees more effectively with a combination … By bringing together two industry leaders, the transaction will create an innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively. delivering the industry’s most innovative solutions, with Kronos’ best-in-class Review the criteria, explore the benefits, and contact us today to get started. Find out how Kronos helps accelerate the value of your investment and deliver the experience you expect. This transaction will create an innovative Human Capital Management (HCM) and workforce management company to assist businesses across all industries with managing their employees more effectively with a combination … On February 20, 2020, Ultimate Software and Kronos Incorporated announced that they had entered into a definitive merger agreement to form a new cloud computing venture specializing in workforce management and human capital management. Create and manage an engaged workforce with Kronos solutions. Both firms are well-established, substantial HR/HCM solution providers. April 1st, 2020. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Thursday morning, we got the news that Lowell, MA -based Kronos was merging with Weston, FL -based Ultimate Software. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20. LOWELL, Mass. Together, we are People Inspired. Tens of thousands of organisations — including half of the Fortune 1000® — and more than 40 million people in over 100 countries use Kronos every day. LOWELL, Mass. We're excited to collaborate with partners whose strategy and goals complement ours and who are invested in delivering an exceptional customer experience. Online platform allows you to easily browse third-party products and services from our Kronos Technology Partners. It’s hard to believe nearly two months have passed since we announced a definitive merger agreement between Ultimate Software and Kronos Incorporated! The Ultimate Software and Kronos Merger is Official! They said the deal would bring together the best elements of each company’s HR systems, including Ultimate’s UltiPro HCM and Employee Experience and Kronos’ Workforce Dimensions and … HR, payroll, time and scheduling, engagement surveys. The combined company, valued at $22 billion, would be one of the largest cloud computing companies in the world. Here's a sample of what our amazing customers say about us. Thursday morning, we got the news that Lowell, MA -based Kronos was merging with Weston, FL -based Ultimate Software. LOWELL, Mass. This is a merger that some observers considered when Ultimate was acquired. Ultimate Kronos Group. Partners are key extensions of our team. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 6,000 professionals. One glance at our customer list and you’ll see that we’re trusted by thousands of organisations around the globe — including more than half of the Fortune 1000®. Kronos Incorporated and Ultimate Software have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. By effectively doubling our manpower and financial resources (we are now one of the largest companies in our industry, with more than 12,000 employees worldwide! Privacy Policy, completed their planned merger as announced on Feb. 20. LOWELL, Mass. February 20th, 2020. leader in HCM. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. LOWELL, Mass. We believe that when your employees have genuinely positive and meaningful experiences at work, they are encouraged and empowered to go above and beyond—that prioritizing the employee experience directly improves customer experience. April 16, 2020 By Ultimate Software Our mission as a combined organization is to continue to show the world the power of putting people first—with a focus on exceptional culture and employee experiences. Kronos Incorporated and Ultimate Software have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organisations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Ultimate Software provides innovative HCM solutions designed to improve the employee experience by putting people first. Both firms are well-established, substantial HR/HCM solution providers. Save my name, email, and website in this browser for the next time I comment. Kronos Incorporated and Ultimate Software have announced that they have entered a definitive merger agreement in order to form a larger cloud company. This is a merger that some observers considered when Ultimate was acquired. By continuing to invest in the innovation of HCM and workforce management solutions, bringing together world-class talent, and championing a people-centric culture, this merger will set the global standard for what it means to be a customer-focused organization. LOWELL — Lowell-based Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to … We’re not your average technology vendor. suite of HR applications. By combining our product offering, we are offering our customers As Kronos Inc. and Ultimate Software come together to create a $22 Bn company, the merger of these two industry leaders will result in the creation of one giant organization that specializes in human capital management (HCM) and workforce management across various industries. © 2003-2021, Kronos Incorporated. © 2020 Kronos Incorporated and Ultimate Software. Workplace-software providers Ultimate Software and Kronos plan to merge in an all-stock deal that would create a company worth roughly $22 billion including debt. Dive Brief: Massachusetts-based Kronos and Florida-based Ultimate Software will soon merge, the pair announced Feb. 20.The two organizations have a … Reach out to me and let’s see what we can do! Ultimate Software is a leading global provider of cloud human capital management and employee experience solutions, with more than 51 million people records in the cloud. Our mission as a combined organization is to continue to show the world the power of putting people first—with a focus on exceptional culture and employee experiences. Kronos and Ultimate Software Complete Merger. Learn why organisations around the globe — including more than half of the Fortune 1000® — choose Kronos to help build an engaged workforce. The new company … See a complete list of Kronos trademarks. The merger of Kronos and Ultimate creates one of the world’s largest cloud companies – with 12,000 employees worldwide and approximately $3 billion in revenue – to deliver enhanced scale and an even stronger position in the HCM marketplace with highly complementary products and a combined 70 years of expertise. Kronos Incorporated and Ultimate Software announced that they have entered into a definitive merger agreement to form one of the world’s largest cloud companies. and WESTON, Fla., Feb 20, 2020 Kronos: Workforce Innovation That Works. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. Kronos Incorporated and Ultimate Software have announced that they have entered a definitive merger agreement in order to form a larger cloud company. The human capital management (HCM) technology market is a hotbed of M&A activity, so to anyone who follows it, this merger shouldn’t be a huge surprise. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. The amalgamation of these two people-first technology companies has created the most innovative human capital management (HCM) and … ), we are perfectly positioned to help our customers achieve optimal business outcomes across all industries and geographical locations. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labour management, as well as HR service delivery solutions. Visit www.kronos.com. Date: Wednesday, March 8, 2020 Contact: Christie Hecht, Christie_Hecht@ultimatesoftware.com or 248-229-5125 Kronos Incorporated and Ultimate Software have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all … Kronos Incorporated and Ultimate Software have agreed to merge, creating a cloud company valued at US$22 billion. Sodexo’s streamlined labour scheduling at Manchester University NHS Foundation Trust reduces premium overtime by 14% and smashes shift accuracy targets, Saint-Gobain empowers supervisors and managers to make better absence and overtime decisions, boosting productivity. Subscribe. Yet, despite the world of work changing seemingly overnight, our new company—official as of April 1st—remains as committed as ever to continual innovation, caring for our people, and going above and beyond for our customers. By Emily Payne | February 24, 2020 at 01:12 PM Combining our collective workforce management and human capital By bringing together the top talent in the industry, we will learn from each other and serve our customers in new and innovative ways. Kronos and Ultimate Software Merge Under Private Equity Firm Hellman & Friedman Research By: Steven Jeffery, Scott Bickley , Info-Tech Research Group March 16, 2020 On February 21, Kronos Incorporated and Ultimate Software announced the merger of the two entities. Cookie Preferences Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. 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