Ultimate Kronos Group, commonly known as UKG, is an American multinational technology company with dual headquarters in Lowell, Massachusetts and Weston, Florida. 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 and Ultimate Software Unveil Plans to Rebrand as "UKG" Ultimate Software and Kronos (News - Alert) Incorporated today announced plans to rebrand the company. U.K., 01 Oct, 2020 Kronos Incorporated, PeopleDoc, and Ultimate Software today announced a rebrand and new company name, UKG (Ultimate Kronos Group). Heather Geronemus & WESTON, Fla.--(BUSINESS WIRE)--Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. LOWELL, Mass. The newly merged Ultimate Software and Kronos Inc. have settled on a new name: UKG, short for Ultimate Kronos Group. Kronos and Ultimate Software announced their merger agreement on Thursday. Propelled by its new tagline, “Our purpose is people,” and building on 70 years of combined experience from two leaders in HR and workforce management solutions, the new UKG name builds on the strength and innovation of Ultimate Software and Kronos as well as signaling a singular, shared focus on inspiring workforces and businesses around the world. UKG will connect employees to their work and their colleagues, develop strong leaders and teams, provide insights that promote better business outcomes, and help organizations develop people-centered HR programs and effective operations—demonstrating that, when companies focus on caring for their people, they will see more engaged employees that yield positive long-term results. But the Kronos-Ultimate Software combination raises many questions, beginning with the name of the new firm. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. Ultimate Software and Kronos Rebrand as UKG. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. 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 organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Beginning on October 1, 2020, Kronos and Ultimate together will be known as UKG. Propelled by its new tagline, “Our purpose is people,” and building on 70 years of combined experience from two leaders in HR and workforce… Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Kronos Incorporated and Ultimate Software announced that they have entered into a definitive merger agreement to form one of the world’s largest cloud companies. UKG will continue to bring together the best of each company’s award-winning solutions—including Workforce Dimensions, Workforce Ready, and UltiPro HCM and HR service delivery solutions—with an unwavering commitment to the employee experience and exceeding customer expectations. Kronos Incorporated and Ultimate Software 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. “We believe when people feel valued, they’re empowered to tap into their unique talents for the good of themselves, their company, and their communities. Our love for all things HR and workforce management is matched only by our people-centered culture,” said Ain. Ultimate Software: People First. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. Ultimate Software is a leading global provider of cloud human capital management (HCM) and employee experience solutions, with more than 51 million people records in the cloud. UKG will connect employees to their work and their colleagues, develop strong leaders and teams, provide insights that promote better business outcomes, and help organizations develop people-centered HR programs and effective operations—demonstrating that, when companies focus on caring for their people, they will see more engaged employees that yield positive long-term results. 978-947-4777. August 28, 2020 01:25 PM Eastern Daylight Time LOWELL, Mass. Kronos and Ultimate Software have entered into a definitive merger to form a new combined company with dual headquarters in Massachusetts and Florida. The combined company’s new name will become UKG … Drawing from decades of leadership in HCM and workforce management, UKG’s products and services drive industry-leading productivity, visibility, and workplace compliance while empowering all employees—salaried, hourly, frontline, office-based, full-time, part-time, and gig. A new company name hasn’t been revealed, but the venture will be valued at $22 billion. Our love for all things, HR and workforce management is matched only by our people-centered culture,” said Ain. 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. The combined company’s new name will be UKG (Ultimate Kronos Group), effective October 1, 2020. Ultimate Software and Kronos, who closed their merger in April, unveiled their new corporate identity and began hinting at plans for their combined future. Tens of thousands of organizations—including half of the Fortune 1000—and more than 40 million people in over 100 countries use Kronos every day. LOWELL, Mass. Lowell, MA, and Weston, FL, August 28, 2020— Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Past history, of course, tells observers that mergers are always a risk; some go on to become smashing successes, others just smash onto the rocks. and WESTON, Fla., Aug 28, 2020 – Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Top three takeaways from the Kronos-Ultimate merger announcement. Separately, Ultimate and Kronos have proven that remarkable cultures led by inspired people drive success, and now we are together as UKG, one company with people at our core.”, [Watch the 1-minute video: “Ultimate Software and Kronos Rebrand as UKG”]. “Our new brand is rooted in our combined passion and history of focusing on people at work. The combined company will announce its much-anticipated new name in the coming months – stay tuned for more information. When Kronos Inc. and Ultimate Software recently announced they are soon to become one (the new entity’s name will be announced soon, according to the company), reactions were swift and varied to the projected $22 billion marriage. For now, each business will continue to operate as either Ultimate Software or Kronos… For now, each business will continue to operate as either Ultimate Software or Kronos… On February 20, 2020, Ultimate Software and Kronos Incorporated announced that they had entered into a definitive merger agreement to form a new cloud computing venture specializing in workforce management and human capital management.The combined company, valued at $22 billion, would be one of the largest cloud computing companies in the world. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. April 16, 2020 By Ultimate Software Our mission as a combined organization is to continue to show the world the power of putting people first—with a focus on exceptional culture and employee experiences. Kronos merged with Ultimate Software on April 1, 2020, to create one of the world’s most innovative HCM and workforce management companies. and Ultimate Software are being merged by their private equity owner into a new entity. Kronos: Workforce Innovation That Works. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. The company is one of the largest cloud computing companies in the world. Tens of thousands of organizations—including half of the Fortune 1000—and more than 40 million people in over 100 countries use Kronos every day. Lowell, MA, and Weston, FL, August 28, 2020— Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Meet UKG: Ultimate Software and Kronos have a new name and brand identity to complete this merger like no other. A new company name hasn’t been revealed, but the venture will be valued at $22 billion. Investment firms are on a shopping spree lately, buying up Host Analytics, Apptio and BMC to name a few.
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