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Kronos and Ultimate Software Complete Merger
Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organisations across all industries manage their people more effectively with an unparalleled combination of cloud solutions.
Kronos Receives a Gartner Peer Insights Customers’ Choice Distinction for Cloud HCM Suites for 1,000+ Employee Enterprises as Reviewed by Customers
Driven by a deep-seated customer-first philosophy, Kronos Incorporated today announced it has received a “Gartner Peer Insights ‘Voice of the Customer’ Cloud Human Capital Management (HCM) Suites for 1,000+ Employee Enterprises” distinction as reviewed by verified users.
Kronos and Ultimate Software enter definitive merger agreement creating company valued at $22 billion
Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to form one of the world’s largest cloud companies.
Kronos has Excellent First Quarter with Record New Customer Orders
Kronos Incorporated today announced financial results, company advancements, and customer successes for the first quarter of Fiscal 2020. Annual recurring revenue (ARR) bookings increased 29% in the quarter. Total revenue approached $370 million with earnings before interest, tax, depreciation, and amortization (EBITDA) crossing $95 million.