Pitney Bowes Expands Shipping Logistics Portfolio with Acquisition of Enroute Systems Corporation
January 12 2016 - 2:00PM
Business Wire
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides innovative products and solutions to power commerce, today
announced the acquisition of Enroute Systems Corporation, a
cloud-based, software-as-a-service enterprise retail and
fulfillment solutions company. Enroute’s capabilities complement
and expand Pitney Bowes’s global ecommerce offerings for companies
throughout the retail supply chain. Terms of the deal were not
disclosed.
Based in Seattle, Washington, Enroute delivers advanced
cloud-based, software-as-a-service transportation management system
solutions to the shipping and logistics industries. Since 2008,
Enroute’s enterprise-grade, multi-carrier shipping solutions have
helped high-volume retailers and e-tailers with faster shipping
execution times, lower shipping costs, enhanced business
intelligence, and real-time supply chain visibility and
tracking.
“As companies continue to innovate and improve on the overall
retail shopping experience, how they cater to consumers will
continue to change. What is critical for both consumers and
retailers is a seamless shopping experience across channels with
flexible delivery options,” said Lila Snyder, president, Global
Ecommerce, Pitney Bowes. “The expansion of our ecommerce offerings
will enable us to help our clients deliver a better consumer
shopping experience from sales order to package delivery by
connecting a variety of physical and digital processes in the
fulfillment management chain.”
“Our team is delighted to be joining Pitney Bowes. This
integration will expand Global Ecommerce scenarios such as
omnichannel solutions already in use by our clients to a much
broader and global market,” said Keith McCall, founder of Enroute
Systems Corporation. “To be part of a company that embraces the
intersection between the digital and physical worlds of commerce
creates very exciting opportunities for innovation and growth.”
Snyder added, “Our newest clients will have the opportunity to
benefit from Pitney Bowes’s ecommerce scale and end-to-end
capabilities which help retailers, brands and online marketplaces
expand globally and transact with consumers in more than 220
countries and territories and more than 74 currencies
worldwide.”
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas
of customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than
1.5 million clients in approximately 100 countries around the world
rely on products, solutions and services from Pitney Bowes. For
additional information, visit Pitney Bowes at www.pb.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160112006364/en/
Pitney Bowes Inc.Media:Karen King,
203-351-6189karen.king@pb.comorIR:Charles McBride,
203-351-6349Charles.McBride@pb.com
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