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Kronos Buys Work Force Management Vendor Stromberg

Posted by Susan Hall Oct 15, 2009 4:25:06 PM

Massachusetts-based Kronos, which makes work force management software and services, has acquired time and attendance software vendor Stromberg for an undisclosed amount, reports The Boston Globe.

Stromberg customers include A&P Supermarkets, Bacardi Bottling, Office Depot, PetCo and Universal Studios.

Stromberg's parent company, payroll and personnel services provider Paychex, initially acquired it in 2004 for clients with 250 to 1,500 employees, according to peHUB. Paychex now wants to focus on larger clients.

In a side note, Kronos reported an increase in retail hiring in August, though Bloomberg referred to it as ‘turning-the-Titanic’ job recovery. But it seems to echo the uptick in IT hiring that IT employment experts have reported.

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Add a comment Leave a comment on this blog post.

Oct 20, 2009 2:03 PM

Nash says:

Well according to me it is a really a good idea to purchase work force management or softwares .It really makes our work more easier then before.

Nov 3, 2009 8:48 AM

bryan desilva says:

Have to agree with you Nash. This acquisition however is mostly to squash the competition imo. I've gotta say it's probably a brilliant move as they were starting to gain momentum. The Stromberg user base will be MUCH happier with Kronos though. It's a MUCH stronger system.

Bryan deSilva

http://www.improvizations.com/kronosblog/