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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.
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 ...
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. [7] [8]
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. [3]
This is a partial list of major banking company mergers in the United States.
UKG (disambiguation) UKG (Ultimate Kronos Group) is an American multinational technology company. UKG may also stand for: UK garage, a British genre of electronic dance music. Umagang Kay Ganda, a defunct Filipino morning news show. UK Government, Government of the United Kingdom.
Workday, Inc., is an American on‑demand ( cloud -based) financial management, human capital management, and student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle 's acquisition of ...
Conglomerate merger. A conglomerate merger is "any merger that is not horizontal or vertical; in general, it is the combination of firms in different industries or firms operating in different geographic areas". Conglomerate mergers can serve various purposes, including extending corporate territories and extending a product range.