Tag: Pitney Bowes

Pitney Bowes to acquire Emtex

Pitney Bowes Inc. today announced that it has signed a definitive agreement to acquire all of the outstanding shares of Emtex Ltd. for approximately USD41 million. Emtex’s software and services allow large-volume mailers to simplify document production and centrally manage complex multi-vendor and multi-site print operations. Upon completion of this transaction, Emtex will become a wholly-owned subsidiary of Pitney Bowes within its Document Messaging Technologies division. Subject to regulatory approval and completion of other customary conditions, the transaction is expected to close in the first calendar quarter of 2006. This acquisition is part of the company’s strategic framework for growth, according to Michael J. Critelli, Chairman and CEO of Pitney Bowes. “We are successfully growing our mailstream presence by continuing to add value for our customers. Emtex helps us fill a critical gap between document creation and mail finishing operations in large production mail environments.”

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Pitney Bowes wants to tap USD250B ‘mailstream’ marketplace

Pitney Bowes Inc. launched a new strategic business plan yesterday designed to tap into a USD250 billion market opportunity within a USD900 billion global category called the mailstream. The company marked the event by ringing the closing bell at the New York Stock Exchange yesterday. Pitney Bowes’ chairman/ CEO Michael J. Critelli said the concept of the mailstream will be the company’s organizing principle with customers, shareholders and employees. The mailstream is the sum of all mail and documents, both physical and electronic, flowing in and out of a business, as well as the people and systems that enable it. Mailstream content includes direct marketing collateral, bills and monthly statements, catalogs, parcels, letters, invoices, magazines, DVD rentals and anything sold and purchased through eBay. Pitney Bowes begins the direct mail part of the campaign next month targeting its existing high-end customer base.

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Pitney Bowes delivers . . . showing Royal Mail the route

Even Sir George Bains review of the Royal Mail seems to have got lost in the post. Widely tipped to come at the end of November, the Department of Trade and Industry says the former head of the London Business School will now not reveal his views on the future of the Royal Mail. Delivery is everything and the Government-sponsored research will, however, begin to surface in various policies just as the Royal Mail faces the toughest challenge in its 345-year history. On 1 January it loses its monopoly as part of cross-European liberalisation which will open the market to full competition. Firms such as Pitney Bowes, with a market value of USD9.62bn (GBP5.56bn, E8.20bn), will be looking for more opportunities in the British market along with Frances Neopost, and Francotyp-Postalia of Germany. Pitney Bowes is a good example of an old-fashioned company that has transformed its business to capitalise on the diverse ways we receive our messages. It is more commonly associated with inventing the franking machine and has now diversified into data management, electronic billing and commercial printing.

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Pitney Bowes joins forces with UK Kall Kwik to deliver creative mailing solutions

Pitney Bowes has been chosen by Kall Kwik as its mailing and strategic fulfillment partner to support and strengthen its new Design to Delivery(D2D) communication solution. Pitney Bowes will be offering the 160 locations across the UK a range of mailing solutions to handle the individual needs of each Kall Kwik. The full AddressRightrange of printers and software, and a variety of folder-inserters, will help Kall Kwik grow their direct mail business and produce personalised campaigns more efficiently. Fabienne Luisetti, Head of Product Marketing at Pitney Bowes, comments, “Recent research shows that 25% of SMEs in the UK are already conducting best-practice direct marketing and this is predicted to rise to 39% by 2007. Our partnership with Kall Kwik is testimony to the emerging need by organisations to enhance the value of their mail and increase the impact of each mail piece – whether it is a large corporate or a small business based locally.”

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Pitney Bowes expands global business with Brazilian Post Contract

Less than seven months after its launch, Pitney Bowes Semco Equipamentos e ServiVos Limitada has won a USD1.4 million annual service contract from the Brazilian postal service. Pitney Bowes Semco Ltda. is a joint venture company formed by Pitney Bowes Inc. and Semco Group. The terms of the contract include the servicing of approximately 1,200 Pitney Bowes Galaxy mailing systems employed by the Brazilian postal service. The agreement lasts one year, renewable annually for each of the next four years, and covers equipment deployed in six states including the Federal District, São Paulo, Rio de Janeiro, Rio Grande do Sul, Parana and Minas Gerais.

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