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Revenue. $1.433 billion (2019) [1] Owner. Hellman & Friedman. Number of employees. 6,000 (2019) [2] Website. www .kronos .com. 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.
The company was founded in April 2020 as a result of the merger of Ultimate Software and Kronos Incorporated. 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 ...
The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. [1] According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred ...
Number of employees. 5,144 (2019) Website. www .ultimatesoftware .com. Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. Headquartered in Weston, Florida, the company was founded in 1990 by Scott Scherr, and it released ...
Unicru was founded in 1987 as Decision Point Data and is headquartered in Beaverton, Oregon. It acquired two other software companies: Guru.com in 2003 and Xperius (formerly Personic) in 2004. The Guru.com URL and logo were subsequently sold to eMoonlighter.com which now operates under the Guru.com brand. In August 2006, Kronos announced it had ...
Hellman & Friedman LLC ( H&F) is an American private equity firm, founded in 1984 by Warren Hellman [2] [3] and Tully Friedman, that makes investments primarily through leveraged buyouts as well as growth capital investments. H&F has focused its efforts on several core target industries including media, financial services, professional services ...
The Khronos Group, Inc. is an open, non-profit, member-driven consortium of 170 organizations developing, publishing and maintaining royalty-free interoperability standards for 3D graphics, virtual reality, augmented reality, parallel computation, vision acceleration and machine learning. [1] [2] The open standards and associated conformance ...
PeopleDoc was a cloud-based human resources service delivery and document management platform that was founded in France. In 2018, it was acquired by Ultimate Software for approximately $300 million. [1] UKG, the successor company of Ultimate Software delivers former PeopleDoc technology as part of their suite of solutions.