Subscriber login

Business
What you need to know for 09/26/2017

MapInfo parent company forms new business unit

MapInfo parent company forms new business unit

MapInfo is undergoing another name change as its Connecticut owner combines the desktop mapping soft

MapInfo is undergoing another name change as its Connecticut owner combines the desktop mapping software company with other recently acquired businesses.

Pitney Bowes announced Wednesday the formation of Pitney Bowes Business Insight, an amalgam of the Stamford, Conn. company’s operations that specialize in location and operational intelligence, predictive analytics and communications management solutions. The new business unit is composed of MapInfo in East Greenbush, Group 1 Software in Lanham, Md. and the Austria-based Encom Technology.

Pitney in 2007 combined MapInfo and Group 1, a firm that standardizes and enhances customer address information acquired in 2004, to create Pitney Bowes Software. In 2007, it acquired Encom, a supplier of specialist software, data and services to the global mineral exploration and petroleum industries.

The formation of Pitney Bowes Business Insight is not expected to result in any immediate changes at MapInfo’s East Greenbush headquarters, where Pitney employs approximately 450 workers. Pitney in 2006 acquired MapInfo and in December announced plans to lay off 128 of workers worldwide due to softening demand for its software.

View Comments
Hide Comments
0 premium 1 premium 2 premium 3 premium 4 premium 5 premium article articles remaining SUBSCRIBE TODAY

You have reached your monthly premium content limit.

Continue to enjoy Daily Gazette premium content by becoming a subscriber.
Already a subscriber? Log In