SIP Trunking

SIP Trunking Industry News

TMCNet:  Kronos acquires SaaShr.com

[March 29, 2012]

Kronos acquires SaaShr.com

Mar 29, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Kronos Incorporated, a provider of workforce management solutions, has acquired SaaShr.com LLC, a provider of software-as-a-service (SaaS) workforce management suite for small and midsize businesses, in a cash transaction. Both the companies are based in the US.


As part of the transaction, Kronos has also acquired WebApps, Inc., the parent company of SaaShr.com.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2012-03-28 Deal Participants Target 1 (Company) SaaShr.com, LLC Target 2 (Company) WebApps, Inc.

Acquirer (Company) Kronos Incorporated Deal Rationale The acquisition will significantly broadened Kronos product portfolio and gained access to a network of partners and resellers.

[ Back To SIP Trunking Home's Homepage ]



Resources