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Pitney Bowes Inc. is an American technology company [2] most known for its postage meters and other mailing equipment, services, and other technologies.
In 1995, Pitney Bowes sold Dictaphone to the investment group Stonington Partners of Connecticut for a reported $462 million. [6] Dictaphone thereafter sold a range of products that included speech-recognition and voicemail software with limited success as the market only existed among some early adopters despite its vertical markets' enhancements.
STAMFORD, Conn. AP) — Pitney Bowes Inc. PBI) on Thursday reported a loss of $138.5 million in its third quarter.
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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 ...
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Founded in 1996, [4] Stamps.com was created under the name StampMaster by Jim McDermott, Ari Engelberg, and Jeff Green, who at the time were MBA graduate students at UCLA. [5] [6] StampMaster was among the first companies to obtain approval from the United States Postal Service for beta testing and introducing Internet postage to the market.