[GSDI Legal Econ] Pitney Bowes to Acquire MapInfo for $408 million
Kate Lance
klance_remote at yahoo.com
Mon Mar 19 01:15:33 EDT 2007
fyi .... news of Pitney Bowes acquiring MapInfo (for US$ 408 million) follows last year's purchase of Intergraph by an investor group (for approximately US$ 1.3 billion).... and GE Energy's acquisition of Smallworld in 2000 (for approximately US$ 210 million).
http://www.mapinfo.com/location/integration/?txtSiteID=03092545d8a37f00dev-vcm100001a031dc7____&txtTopNav=NOT_SELECTED&txtLeftNav=NOT_SELECTED&txtExtNav=NOT_SELECTED&txtDetailType=PRESS_RELEASE&txtDetailID=5195&txtMultiPage=undefined&txtMultiPageID=&txtPrintView=not&txtDisplayGraphic=not&txtDisplayYear=not&txtDisplayPage=&txtDisplayDetail=&q=&ie=&site=beta_collection&output=xml_no_dtd&client=beta_collection&lr=&proxystylesheet=beta_collection&oe=
MapInfo Press release
Pitney Bowes generally is known for making mail-handling machines which companies use to manage their flow of mail, documents, and packages. Adena Schutzberg at the All Points Blog speculates that Pitney Bowes purchased MapInfo as a means to extend to its clients business-to-business products and services for location intelligence.
http://www.allpointsblog.com/archives/2616-Pitney-Bowes-to-Acquire-MapInfo-for-for-408-million.html
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