Kronos acquires Deploy Solutions

Chelmsford software maker Kronos Inc., which helps businesses manage their work forces, said today it has acquired Deploy Solutions Inc. to solidify its position in field-based recruiting.

Deploy of Newton provides companies with software that helps them plan, hire, and deploy their work forces.

Financial terms of the transaction were not disclosed.

"This acquisition fortifies our ability to help organizations hire the best people and maximize their performance," Kronos chief executive Aron Ain said in a statement.

Kronos added that Deploy brings strength to the company's existing target markets such as retail and dining.

In March, Kronos disclosed that it had agreed to be acquired for $1.74 billion by a private equity firm, Hellman & Friedman Capital Partners LLC of San Francisco.
(By Chris Reidy, Globe staff)