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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

When Kronos Inc. To global industry analyst Josh Bersin , the impending merger appears to be an “opportunistic deal probably based” on the long-term goal of Hellman Friedman [the controlling shareholder of both Kronos and Ultimate] to build a large HCM company. Read the original story: Ultimate, Kronos join in major merger.

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M&A Friday! This Week’s HR Deals

Advos

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. Sign-up for our weekly Hot in HR newsletter to get these updates via email. Recap of the Week’s HR Funding and Partnership announcements. Happy Friday. Sign up now.

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Top M&A News in the HR, Recruiting and Benefits Space | 2016

Advos

M&A Announcements in the HR, Recruiting and Benefits Space | 2016. Kronos Acquires Empower Software Solutions. Pontoon and hyphen Complete Merger—Unify Global HR Outsourcing within Adecco. Mercer Acquires Top Tier Workday Services Partner CPSG to Meet Demand for Cloud-Based Finance and HR Services. January 2016.

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20+ High Impact HR Technology Acquisitions, Mergers, and More from 2020

Lighthouse

In 2020, in spite of the pandemic-related shutdowns and other business impacts, the HR technology industry was within a few M&A deals of the 2019 numbers we were tracking (approximately 50). This represents a vibrant industry full of continuous innovation and providers striving to serve the needs of the HR buyer.

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Cornerstone to buy talent management developer Saba

HRExecutive

Consolidation in the benefits and HR and benefits technology continues with another announced acquisition by a people development software-maker. Related: Navigating mergers and acquisitions in HR Tech. The news follows on the heels of last week’s massive HCM merger announcement between Kronos and Ultimate Software.

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Ultimate, Kronos join in major HCM merger

HRExecutive

Two HR industry powerhouses announced today that they are merging in what is sure to be a significant shakeup in the HCM software marketplace. Ultimate Software and Kronos Inc. Both firms have decades of experience as providers of HCM and workforce-management software. and Weston, Fla.,

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Coronavirus resource spotlight: Kronos automated reporting

HRExecutive

Here’s a look at HCM cloud-solutions provider Kronos’ new contact-tracing tool: What it is: Kronos Inc.’s To do that, it leverages data science to analyze labor records and time and attendance data collected by a Kronos solution.

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