The software company that advertises on Miami Heat uniform merging with another firm

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    Weston-based Ultimate Software, among the largest and most successful tech companies in South Florida, announced Thursday it planned to merge with Massachusetts-based Kronos to form a new cloud computing venture specializing in human resources software.

    Upon closing, the combined company will have revenues of approximately $3 billion, more than 12,000 employees worldwide, and an enterprise value of $22 billion, it said in a release. It also plans to hire 3,000 additional employees over the next three years. An Ultimate representative said headcount would not otherwise be affected.