Pitney Bowes Inc.
 |
|
|
Formerly called
|
Pitney Bowes Postage Meter Company |
|---|---|
| Public | |
| Traded as | : PBI S&P 400 Component |
| Industry | Business Services |
| Founded | April 23, 1920 |
| Founders | |
| Headquarters | 3001 Summer Street, Stamford, Connecticut, United States |
|
Key people
|
|
| Products |
Franking machines Geolocation software Mail sorters Mapinfo Professional CRM software Location intelligence Customer information management |
| Revenue | US$3.4 billion (2016) |
|
Number of employees
|
14,000 (2016) |
| Website | www.pitneybowes.com |
Pitney Bowes Inc. is an American provider of global eCommerce solutions, shipping and mailing products, location intelligence, customer engagement customer information management solutions and datasets. Based in Stamford, Connecticut, the company has approximately 16,100 employees worldwide. It was one of 86 existing firms that had been members of the S&P 500 since its creation in 1957.
Other major U.S. centers of operation include Danbury, Connecticut; Shelton, Connecticut; Troy, New York; and Lanham, Maryland.
In 1902, Arthur Pitney patented his first "double-locking" hand-cranked postage-stamping machine, and, with patent attorney Eugene A. Rummler, founded the Pitney Postal Machine Company. In 1908, English emigrant and founder of the Universal Stamping Machine Company Walter Bowes began providing stamp-canceling machines to the United States Postal Service. Bowes moved his operations to Stamford in 1917. These two companies merged to form the Pitney Bowes Postage Meter Company in 1920 with the invention of the first commercially available postage meter. The company created its first logo, which "[symbolized] the security of the metered mail system", in 1930. In 1950, Pitney Bowes initiated an advertising campaign in national publications with the message, "Metered mail makes the mailer's life easier". In 1971, the company introduced a new logo, which represented the "intersection of paper-based and electronic communication". Pitney Bowes was valued at around $18 billion in December 1998.
In April 2003, Pitney Bowes filed a lawsuit in Seattle's King County Superior Court against Mark Browne and Howard Gray, who founded the competing company Nexxpost in 2002, as well as six other former employees, for "[engaging] in transgressions ranging from misappropriation of trade secrets to violating confidentiality agreements". The two companies reached a settlement in August 2003.
...
Wikipedia