Kronos Incorporated

Workforce management software and services company

Follow Kronos Incorporated on Notably News to receive short updates to your email — rarely!

December 13 2021 Kronos announced a ransomware attack on December 11 that disabled the Kronos Private Cloud software functionality for several weeks, forcing customers to use alternative payment methods.
April 2020 In response to the COVID-19 pandemic, Kronos introduced an automated contact tracing tool that analyzes work and attendance records to identify potentially affected co-workers.
April 1 2020 The merger between Kronos Incorporated and Ultimate Software was officially completed, forming Ultimate Kronos Group.
February 2020 Kronos Incorporated announced a merger with Ultimate Software, with the combined company to be led by Aron Ain and named Ultimate Kronos Group.
2017 Kronos moved its corporate headquarters from Chelmsford to Cross Point Towers in Lowell, Massachusetts, consolidating multiple offices.
2014 Blackstone and GIC invested in Kronos alongside Hellman & Friedman and JMI Equity. The company was valued at $4.5 billion and achieved $1 billion in annual revenue for the first time.

This contents of the box above is based on material from the Wikipedia article Kronos Incorporated, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also