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In 1979, Kronos delivered the world's first microprocessor-based time clock and, in 1985, delivered its first PC-based time and attendance product. In 1992, Kronos became a publicly-traded company on NASDAQ. Aron Ain, succeeded his brother Mark Ain as chief executive officer in 2005.
API Healthcare was founded in 1982 by Luis Garcia and is based in Hartford, Wisconsin. [1] Formerly known as API Software, Inc. the company was purchased by Francisco Partners, a private equity firm headquartered in San Francisco, in November 2008. Before that, Luis Garcia and his wife Iris had run the company since 1982. [2]
Former Kronos CEO Aron Ain was the CEO and chairperson of the combined company until July 1, 2022, when he stepped down as CEO to become Executive Chairperson. On February 20, 2020, Ultimate Software and Kronos Incorporated announced they agreed to form a new cloud computing venture specializing in workforce management and human capital ...
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