Workforce management powerhouse Kronos Inc. has acquired Empower Software Solutions for an undisclosed sum. The acquisition adds nearly 1,000 organizations to the client list of the $1.1 billion company, and extends Kronos' leadership in the retail industry by adding innovative retail scheduling functionalities to its portfolio.
Kronos will support the acquired customers through a dedicated team of Empower Software employees, and these customers will have access to a complementary array of Kronos WFM solutions.
In fiscal 2015, Kronos reported $355 million in net earnings on revenue of $1.1 billion. The company operates in more than 100 countries, with the 16,000 organizations running in the Kronos Cloud now representing the majority of Kronos' global customers.
Kronos also recently announced a new software development relationship with Google for Work, which will integrate Google Apps for Work with Kronos' Workforce Ready cloud suite for small and mid-size businesses.