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In 2019 Syncsort acquired the software and data business of Pitney Bowes in a $700 million transaction backed by affiliates of Centerbridge Partners and Clearlake Capital Group. [ 37 ] [ 25 ] The deal roughly doubled the company’s size to 2,000 employees and expanded its service offerings to include data enrichment capabilities, such as ...
Pitney Bowes is a certified "work-share partner" of the United States Postal Service, [15] and helps the agency sort and process 15 billion pieces of mail annually. [16] Pitney Bowes has also commissioned surveys related to international e-commerce. [17]
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On May 17, 2012, Pitney Bowes filed Form 8K with the Securities and Exchange Commission, announcing that shareholders had rejected the advisory vote on executive compensation at the company. [ 36 ] While CEO of Pitney Bowes in 2008, Murray D. Martin earned a total compensation of $5,115,280, which included a base salary of $941,667, a cash ...
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