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Ultimate Kronos Group ( UKG) is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. It provides workforce management and human resource management services. The company was founded in April 2020 as a result of the merger of Ultimate Software and Kronos Incorporated. [3]
In 2020, Kronos completed a merger with Ultimate Software to create UKG, [15] and Ain became the chairman and chief executive officer of the combined company. UKG has more than 12,000 employees worldwide, and an enterprise value of $22 billion. On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022.
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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 released its first version of software in 1993.
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]
It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, website web services and devices. [3] It was founded in 2009 and had its initial public offering in 2017, being valued at over $6 billion. Contents 1 Products and services
Kronos (malware) Kronos was a type of banking malware first reported in 2014. It was sold for $7,000. [1] It was developed as a followup to the UPAS Kit which has been released in 2012. [2] Similar to Zeus, [3] it was focused on stealing banking login credentials from browser sessions via a combination of keylogging and web injection. [4]
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