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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.
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]
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 completed on April 1, 2020. The company is named Ultimate Kronos Group. History. Ultimate Software was founded in 1990 by Scott Scherr.
So-called reverse mergers became popular in the low interest rate days of 2020 and 2021, when tech valuations were soaring and investors were looking for growth over profit.
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT ...
J.D. Martinez's long free agency, one of many this offseason, has come to a close. The veteran designated hitter reportedly agreed Thursday to a 1-year, $12 million deal with the New York Mets ...
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 ...
The adjusted value of Calhoun's total 2023 compensation is $24.8 million, the company said in a regulatory filing. The 2023 pay package of Boeing's CEO, who recently announced his departure in the ...