Monday, January 21, 2008

Kronos plays matchmaker for U.K. airline's flight crew

Kronos Inc. reports that one of its products has been selected by EasyJet Airline Co. Ltd. to improve its crew-planning processes.

Financial terms of the deal were not disclosed.

EasyJet, a division of London-based easyJet Plc, selected Kronos Altitude Pairing software to automate and simplify the planning process of matching up flight crew members.

Chelmsford-based Kronos, founded in 1977, develops work-force management software. The company was acquired for $1.8 billion in June 2007 by affiliates of the private equity firm Hellman & Friedman Capital Partners VI LP, which operates offices in San Francisco, New York and London. That same month, Kronos acquired Captor, a privately held Belgian provider of work-force management products.

In October 2007, Kronos also acquired Newton's Deploy Solutions Inc., a privately held company that developed employee selection and hiring software.