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), we are perfectly positioned to help our customers achieve optimal business outcomes across all industries and geographical locations. These are the details. Ultimate Software and Kronos Incorporated announced on April 1, 2020, that they have completed their industry-defining merger. We have a product to fit your needs — regardless of your organisation’s industry, size, or location. + 1 800.432.1729  The global atmosphere has changed significantly since our initial announcement, with COVID-19 upending both business and life as we know it. & WESTON, Fla. 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 … 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.The combined company, valued at $22 billion, would be one of the largest cloud computing companies in the world. Thank you for joining us on this journey! 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. All rights reserved. Kronos and Ultimate Software Enter Definitive Merger Agreement Creating Company Valued at $22 Billion. Privacy Policy, completed their planned merger as announced on Feb. 20. Kronos Incorporated and Ultimate Software have announced that they have entered a definitive merger agreement in order to form a larger cloud company. 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. 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. Working together we’ll find the right solution to achieve your goals — and fit your budget. 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. It’s hard to believe nearly two months have passed since we announced a definitive merger agreement between Ultimate Software and Kronos Incorporated! © 2020 Kronos Incorporated and Ultimate Software. [email protected], Ultimate Sales:  The Ultimate Software and Kronos Merger is Official! 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. 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. Four months after workforce software providers Kronos Inc. and Weston-based Ultimate Software completed their merger, the combined company said its new name will be UKG, or Ultimate Kronos … Learn why organisations around the globe — including more than half of the Fortune 1000® — choose Kronos to help build an engaged workforce. 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. We’re your partner. 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. Find out how Kronos helps accelerate the value of your investment and deliver the experience you expect. Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.. In M&A terms, this deal is pretty close to a ‘merger of equals’ given the similarity of: revenues ($1.5B for Kronos and $1.4B USD for Ultimate) Kronos had already been taken private […] Every client has unique needs. Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. LOWELL, Mass. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 6,000 professionals. LOWELL, Mass. Visit www.kronos.com. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20. and WESTON, Fla., Feb 20, 2020 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. Together, we innovate to meet customer needs and create new opportunities for shared success. 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 Ultimate Kronos Group. 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. LOWELL, Mass. Kronos and Ultimate Software Complete Merger. the diverse needs of all our customers. 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. The new company shares joint headquarters in Lowell, Mass. 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. Ultimate Software provides innovative HCM solutions designed to improve the employee experience by putting people first. & WESTON, Fla (Business Wire) Merger brings together world-renowned best places to work, with plans to add 3,000 employees over three years Darlene Marcroft  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. 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®. Trademarks 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. HCM Solutions | HR Tour | Payroll Tour | About Us | Contact Us, ©2020 Ultimate Software | Privacy Notice | Legal Statement. + 1 800.225.1561 Your partner and advocate, Kronos Customer Success connects you with the training and strategic resources you need to achieve your workforce goals. Date: Wednesday, March 8, 2020 Contact: Christie Hecht, [email protected] 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 … [email protected], Kronos Sales:  HR, payroll, time and scheduling, engagement surveys. LOWELL — Lowell-based Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to … & WESTON, Fla.– (BUSINESS WIRE)– 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 … All other trademarks, if any, are property of their respective owners. Massachusetts-based Kronos and Florida-based Ultimate Software will soon merge, the pair announced Feb. 20. Kronos Incorporated and Ultimate Software have entered into a definitive merger agreement to form one of the world’s largest cloud companies.. Kronos Incorporated and Ultimate Software have agreed to merge, creating a cloud company valued at US$22 billion. Kronos and Ultimate Software recently entered a definitive merger agreement to create a $22 billion company. Kronos Media Contact:  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. Of equal size that will become one of the largest HR technology vendors—may want to in. 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