Ultimate Software and Kronos Incorporated: "A Merger Like No Other"

Ultimate Software and Kronos Incorporated announced on April 1, 2020, that they have completed their industry-defining merger

Ultimate Software and Kronos Incorporated: "A Merger Like No Other"

Ultimate Software and Kronos Incorporated announced on April 1, 2020, that they have completed their industry-defining merger. The amalgamation of these two people-first technology companies has created the most innovative human capital management (HCM) and workforce management company in the world.

Speaking about the news on the day of the completed merger, Aron Ain, CEO of Kronos and Ultimate, explained the impact such a union will have on the global HR landscape.

“We have successfully completed a merger like no other,” said Ain. “While today is a very proud day for Kronos and Ultimate—and for me as the very grateful CEO of our combined company—we temper our excitement with respect for the turbulence happening in our world right now.

“This unprecedented situation has already shown our new company’s colours. Teams at both Kronos and Ultimate are collaborating beautifully to ensure we continue to support our customers while prioritizing the safety of our employees, colleagues, and our collective communities.” 

Together, Kronos and Ultimate now boast 12,000 employees and will share joint headquarters in Lowell, Massachusetts, and Weston, Florida.

The combined company will announce its much-anticipated new name in the coming months – stay tuned for more information.

Recent articles & video

Mental health claims rise dramatically for younger workers

Temporary foreign worker awarded $300,000 for workplace abuse, but denied tort of labour trafficking

AFN national chief criticizes probe into workplace bullying

Jealousy, gossip and ‘toxic’ colleagues: Is Tall Poppy Syndrome killing your culture?

Most Read Articles

HR leaders among 20 'best jobs' in Canada for 2023

Younger workers coping less well with stressors at work: survey

Some IT workers exempt from Ottawa’s return-to-office mandate