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Pitney Bowes
built 632 days ago
Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $5.1 billion company helps organizations of all sizes efficiently and effectively manage their mission-critical mail and document flow in physical, digital and hybrid formats. Its solutions range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services. The company's 85 years of technological leadership have produced many major innovations in the mailing industry, and it is consistently on the Intellectual Property Owner's list of top U.S. patent holders. With approximately 33,000 employees worldwide, Pitney Bowes serves more than 2 million businesses through direct and dealer operations. More information about the company can be found at http://www.pb.com/.
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Pitney Bowes has been a reliable market leader in postage meters for over 80 years. They have a dedicated product line developed especially for small businesses. Each product is designed to fit the needs and tight budgets of small businesses in each stage of growth. They recognize that many small businesses want to try the products before making cost commitments and they give you the opportunity to try a postage meter risk-free between 30 and 90 days, depending on the product and the offer. The company has over 1 million business clients around the world.
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Secap Groupe Pitney Bowes will provide La Poste with 250 networked mailing machines from its DM series, a solution designed to help enterprises optimize management of their high-volume mail. The new systems will help La Poste in its move to provide expanded business services to its customers. The value of the transaction is approximately euro 5.0 million (US $6.0 million)
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Pitney Bowes' corporate reach now extends way beyond that. Its servers are used by eBay to arrange for all shipping and by Amazon.com for all overseas shipments. Its software plots the destination and departure points for Mapquest. But not the directions, Critelli hastens to add. And if you're lucky enough to get one of those new automated "photo cop" moving violation tickets in the mail -- well, guess who helped stuff the envelope. "We have become increasingly important in the new economy," Critelli said.
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SANTA MONICA, Calif., June 14, 2001 /PRNewswire/ -- Stamps.com Inc. (Nasdaq: STMP - news), announced today that it has filed a complaint against Pitney Bowes (NYSE: PBI - news) for infringing four of Stamps.com's Internet Postage patents. These four patents were invented by Salim Kara, who was recognized by the National Postal Forum and the United States Postal Service with its Retail Postage Technology Award for being the "Inventor of Internet Postage."
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Today, Magellan Acquisition Corp., a wholly-owned subsidiary of Pitney Bowes, merged with and into MapInfo. In connection with the merger, MapInfo has changed its name to PB MapInfo Corporation. The merger followed the successful completion by Magellan Acquisition Corp. of a tender offer for all outstanding shares of MapInfo at $20.25 net per share in cash which was completed at 12:00 Midnight, New York City time, on April 18, 2007. As a result of the merger, all outstanding shares of MapInfo, other than those held by holders who demand appraisal rights, have been converted into the right to receive $20.25 in cash, without interest (the same price paid in the tender offer). MapInfo stockholders whose shares were not validly tendered and accepted for payment in the tender offer will receive a Notice of Merger and a Letter of Transmittal that will instruct them on how to receive the merger consideration, and a Notice of Appraisal Rights under the Delaware General Corporation Law. In order to accomplish the merger as a "short-form" merger, Magellan Acquisition Corp. exercised a "top-up" option pursuant to the merger agreement which permitted it to purchase a limited number of additional shares directly from MapInfo for $20.25 per share (the same purchase price paid in the offer).
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