Bull acquires Postal Automation Business from Business Objects
Bull acquires Postal Automation Business from Business Objects. Bull's Subsidiary, AddressVision Inc., will provide Postal Automated Software Solutions for Government and Commercial Delivery Companies in the U.S. and abroad.
Bull today announced that it has acquired the former Firstlogic, Inc. postal automation software business, based in La Crosse, Wisconsin, from Business Objects Americas. Business Objects retains the former Firstlogic data quality business. In addition, Business Objects retains the former Firstlogic Commercial Mail division, which develops software to support direct and commercial mail printers, publishers and distributors.
Financial terms of the acquisition were not disclosed.
With the completion of this acquisition, AddressVision Inc., a new wholly-owned Bull subsidiary, joins Bull's worldwide postal practice. That business is focused on providing enterprise-wide postal automation solutions to domestic and international governments and commercial delivery companies. Recent Bull wins in the postal solutions market include a 147 million Euro agreement with La Poste, the French Post Office, to deliver the information system that will run its future mail sorting machines.
"This acquisition provides Bull with leading-edge software solutions and strengthens our offering in an area where we are a major player," said Jonathan Burbank, president of Bull HN in the United States.
"Driven by European mail market deregulation, we will leverage this combination to modernize postal services," said Yves Veret, Bull's general manager of Defense and New Markets which includes the Postal practice.
About AddressVision
As a result of this acquisition, AddressVision will provide software solutions to help organizations more accurately and efficiently organize, process, and deliver mail, and increase mail-piece effectiveness, while decreasing processing times and costs. Its solutions will include software designed for use on multi-line optical character recognition (OCR) automation equipment that enables organizations to consolidate and assign 11 digit barcodes to mail pieces in compliance with United States Postal Service(R) (USPS(R)) guidelines to gain postage discounts, and software to help organizations manage and personalize marketing lists. These solutions have been used by the USPS, international postal services, telephone carriers, print-and-mail service companies, and other companies which manage and depend on large mailing lists.
About Bull
As one of the leading European IT companies, Bull delivers open, flexible and secure information systems. The group helps public and private sector customers transform their information systems, applying its know-how and expertise in three main areas:
— Capitalizing on its extensive mainframe experience, Bull designs and produces robust, innovative and open servers, based on industry-standard technologies;
— Building on its alliances with leading ISVs, Bull develops and implements flexible and interoperable application infrastructures which give business processes the freedom to evolve; and
— Bringing together recognized expertise in end-to-end IT security, Bull secures data and exchanges that are critical in preserving customers' business integrity.
Bull has a particularly strong presence in the public, healthcare, finance, telecommunications, manufacturing and defense sectors. Its distribution network and business partners cover more than 60 countries worldwide.
For more information visit: http://www.bull.com
About Business Objects
Business Objects is the world's leading business intelligence (BI) software company, with more than 35,000 customers worldwide, including over 80 percent of the Fortune 500. Business Objects helps organizations of all sizes create a trusted foundation for decision making, gain better insight into their business, and optimize performance. The company's innovative business intelligence suite, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete solution for performance management, planning, reporting, query and analysis, and enterprise information management. BusinessObjects XI includes the award-winning Crystal line of reporting and data visualization software. Business Objects has also built the industry's strongest and most diverse partner community, and offers consulting and education services to help customers effectively deploy their business intelligence projects.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 – BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
