People Inspired: Ultimate Software and Kronos Merger

February 21, 2020      By Ultimate Software

Ultimate Takeaway
  • Ultimate Software and Kronos have entered a definitive merger agreement
  • The merger will bring together two best-in-class products and cultures
  • The new company will be valued at $22 billion, with plans to add more than 3,000 new jobs over the course of three years

It’s official: Ultimate Software and Kronos are merging to form one of the world’s largest cloud companies! 

Both Ultimate Software and Kronos have a proven track record of delivering industry-leading solutions to organizations around the world. This Ultimate Software and Kronos merger will allow us to design and deliver the world’s most innovative and effective human capital management and workforce management solutions across all industries and sizes, drawing from and improving upon each individual company’s strengths and specialties. 

Together, we are People Inspired. Our world-renowned cultures have been consistently recognized as great places to work, reflecting both companies’ belief that people are at the core of every organization’s success. As a joint company, we will continue prioritizing culture and the employee experience—and designing thoughtful, comprehensive solutions that help our customers do the same.

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  1. Avatar Thomas M. McDonnell on February 21, 2020 at 5:19 pm

    I just saw a Florida Business Journal that Adam Rogers is leaving the company after the merger. I’m not a subscriber so could only see the headline. I (and others) would love to hear more about the management structure post merger. Who from Ultimate will remain involved and in what capacity?

    • Karina Schultheis Karina Schultheis on February 28, 2020 at 12:54 pm

      Thank you so much for your question, Thomas! An experienced executive team will include leaders from both Kronos and Ultimate. More details on the leadership team will be shared in the coming weeks. Thank you!

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