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