Archive for the 'Pitney Bowes' Category

MapInfo sold for $408 million

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Pitney Bowes is buying Troy-based MapInfo for $408 million. MapInfo stock is up over 50% on word of the deal. Pitney Bowes is down just a few cents. It’s unclear what exactly the “mailstream” innovations company will do with MapInfo, but its mail and property tracking businesses are the most likely places for integration.


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