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Following the merger of Ultimate Software and Kronos Incorporated, the Ultimate Kronos Group was established in April 2020.According to Society for Human Resource Management, the new company became one of the largest HR technology vendors in the highly competitive economy section that includes ADP, Ceridian, Taleo, Successfactors, and Workday.
In 2017, Kronos moved its corporate headquarters from the nearby town of Chelmsford to the Cross Point Towers in Lowell, Massachusetts, consolidating multiple offices under one roof. [13] In February 2020, the company announced a merger with Ultimate Software and that the combined company will be led by Aron Ain. [14] [15]
On February 4, 2019, Hellman & Friedman Capital Partners announced it would purchase Ultimate Software Group for $11 billion; [6] the purchase closed on May 3, 2019. In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a cloud-computing venture specializing in human resource software. The merger was ...
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What: Shares of Ultimate Software Group (NAS: ULTI) Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they ...
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Aron Ain is an American software technology executive [1][2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM [clarification needed] and ...
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