Pitney Bowes noted that it already owned 10 percent of Firstlogic, which supplies software and services used to improve data quality, mailing efficiency, and postal automation.
“Firstlogic’s extensive relationships with top tier system integrators and enterprise software vendors enhance our distribution network and accelerate our global expansion,” said Michael Critelli, chairman and CEO of Pitney Bowes, in a statement.
Employing about 400 persons, Firstlogic generated more than $55 million in revenue in 2004, Pitney Bowes stated.