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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

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. Image credit: Ultimate Software). The two companies believe that, by merging a $1.5

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Here are the next steps in the Kronos, Ultimate Software merger

HRExecutive

About six months ago, HCM giants Kronos and Ultimate Software announced they would merge in a record, industry-changing merger valued at $22 billion. 1, the newly formed company will be called UKG, standing for Ultimate Kronos Group, the organization announced this week. “Our Starting Oct.

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

Advos

Kronos Acquires Empower Software Solutions. PrismHR Acquires Summit Software. Sign-up to get our weekly recap of funding announcements, M&A and partnership news from the HR technology, recruitment, talent management and employee benefits space. Sterling Talent Solutions Acquires Verified Person Inc.,

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

Lighthouse

Some were specifically focused on bringing AI/machine learning talent and/or tools into a technology stack with a deep dataset. Cornerstone, one of the largest talent management providers in the world, acquired Clustree to support its growth of career pathing based on skills and AI.

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UKG acquires Great Place to Work

Chief Learning Officer - Talent Management

This is the latest expansion in what has been an unprecedented year and a half for the company; after HR tech giants Kronos and Ultimate Software announced an industry-changing merger valued at $22 billion, which was finalized in April 2020, in October, the newly formed company unveiled its new name , Ultimate Kronos Group, or UKG. “We

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