(RTTNews) - Kronos Incorporated (KRON) and Ultimate Software have entered into a definitive merger deal. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020.Propelled by its new tagline, “Our purpose is people,” and building on 70 years of combined experience from two leaders in HR and … Kronos Incorporated and Ultimate Software recently announced plans to rebrand the company. Kronos merged with Ultimate Software on April 1, 2020, to create one of the world’s most innovative HCM and workforce management companies. The name change was announced Friday. Together, Kronos and Ultimate now boast 12,000 employees and will share joint headquarters in Lowell, Massachusetts, and Weston, Florida. Meet UKG: Ultimate Software and Kronos have a new name and brand identity to complete this merger like no other. Kronos Incorporated, PeopleDoc, and Ultimate Software announced a rebrand and new company name, UKG (Ultimate Kronos Group). Our new brand represents the people-centric innovation, warmth, and partnership our customers will experience with UKG products and services. But the Kronos-Ultimate Software combination raises many questions, beginning with the name of the new firm. 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. & WESTON, Fla.–(BUSINESS WIRE)–Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. For now, each business will continue to operate as either Ultimate Software or Kronos… Our new brand represents the people-centric innovation, warmth, and partnership our customers will experience with UKG products and services. (Video: UKG.com). “Our new brand is rooted in our combined passion and history of focusing on people at work. Ultimate Software: People First. Our love for all things HR and workforce management is matched only by our people-centered culture,” said Ain. A new company name hasn’t been revealed, but the venture will be valued at $22 billion. The new company—whose name has not yet been announced—will offer the “best of each company’s solutions,” including Ultimate’s UltiPro HCM and Employee Experience suite of tools, along with Kronos’ Workforce Dimensions and Workforce Ready. “Our new brand, UKG, truly unites Ultimate Software and Kronos, both as a business and as people,” said Aron Ain, CEO of the joint company. 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 (Ultimate Kronos Group), effective October 1, 2020. 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. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. Kronos is a leading provider of workforce management and human capital management (HCM) cloud solutions. 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. Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. “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. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Ultimate Software, a human capital management (HCM) software leader, recently completed its merger with Kronos Incorporated, a longstanding provider of workforce management (WFM) and HCM solutions. 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. Ultimate Software and Kronos Rebrand as UKG. The Ultimate Software and Kronos Merger is Official! 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. Customers or not, employers will see 'ripple effects' from Kronos, Ultimate Software merger One big takeaway: companies should never think … Since our purpose is people, feedback from our own employees, customers, and prospects was the biggest driver in the decisions we made about our new brand.”. 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. Ultimate Software is a leading global provider of cloud human capital management (HCM) and employee experience solutions, with more. For now, each business will continue to operate as either Ultimate Software or Kronos… Four months after Lowell-based workforce software provider Kronos and Ultimate Software completed their merger, the combined company said its new name will be UKG, or Ultimate Kronos Group. “Our new brand, UKG, truly unites Ultimate Software and Kronos, both as a business and as people,” said Aron Ain, CEO of the joint company. Ultimate Software and Kronos, who closed their merger in April, unveiled their new corporate identity and began hinting at plans for their combined future. 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. 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. “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. Kronos and Ultimate Software announced their merger agreement on Thursday. Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. 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. Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Ultimate Kronos Group. 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. LOWELL, Mass. To learn more, visit www.ultimatesoftware.com. Kronos and Ultimate Software Unveil Plans to Rebrand as “UKG” Company launches new brand identity to chart path forward as one of world’s largest … The combined company's new name will become UKG (Ultimate Kronos Group), effective October 1, 2020.Propelled by its new tagline, "Our purpose is people," and building on 70 years of combined experience from two … domenic.locapo@kronos.com & WESTON, Fla.--(BUSINESS WIRE)--Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Visit www.kronos.com. Kronos Inc. and Ultimate Software are merging to create a $3 billion, 12,000-employee firm. heather_geronemus@ultimatesoftware.com The combined company’s new name will become UKG (Ultimate Kronos … Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. LOWELL, Mass. Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. & WESTON, Fla.–(BUSINESS WIRE)–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 … The new company will be jointly headquartered in … Kronos and Ultimate Software Unveil Plans to Rebrand as "UKG" Ultimate Software and Kronos (News - Alert) Incorporated today announced plans to rebrand the company. August 28, 2020 01:25 PM Eastern Daylight Time LOWELL, Mass. News Kronos, Ultimate Software announce merger The deal is expected to close at the end of March and create an enterprise valued at $22 billion. Beginning October 1, the merged companies will rebrand as UKG, for Ultimate Kronos Group, and adopt the tagline “Our purpose is people.” A new company name hasn’t been revealed, but the venture will be valued at $22 billion. and WESTON, Fla., Aug 28, 2020 – Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. We believe the UKG brand represents our continued commitment to our employees, customers, and their employees—while at the same time giving us a modern new identity for our future together as one organization. The company is one of the largest cloud computing companies in the world. Ultimate Software and Kronos Incorporated have announced their much-anticipated new company name and brand. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 6,000 professionals. The new company—whose name has not yet been announced—will offer the “best of each company’s solutions,” including Ultimate’s UltiPro HCM and Employee Experience suite of tools, along with Kronos’ Workforce Dimensions and Workforce Ready. and WESTON, Fla., Aug 28, 2020 – Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Beginning on October 1, 2020, Kronos and Ultimate together will be known as UKG. 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. Ultimate Software and Kronos Incorporated today announced plans to rebrand the company. Workforce software firm Kronos to merge with rival The Lowell company’s CEO will helm the new $22 billion operation formed with Ultimate Software, of Florida By … “Every day, our people do what they do to improve the lives of the millions of people using our solutions. 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 … Eventually, the combined company will announce a new name. LOWELL, Mass. Kronos is a leading provider of workforce management and human capital management (HCM) cloud solutions. “Our new brand is rooted in our combined passion and history of focusing on people at work. Ultimate Software and Kronos Incorporated announced plans to rebrand the company. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020.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 … The combined company’s new name will be UKG (Ultimate Kronos Group), effective October 1, 2020. We believe the UKG brand represents our continued commitment to our employees, customers, and their employees—while at the same time giving us a modern new identity for our future together as one organization. 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”]. The combined company’s new name will become UKG (Ultimate Kronos Group), effective October 1, 2020. 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