Pitney Bowes to Acquire Print Inc.

Share this content:

Pitney Bowes Inc. has signed a definitive agreement to buy 100 percent of the stock of Print Inc. for approximately $47 million. Subject to the completion of customary conditions, this transaction is expected to close during the third quarter of 2006.

Print Inc. provides bundled offerings of printer supplies, service and equipment to manage document production. These operations will be integrated into a wholly-owned subsidiary of the company, and operate as part of its Pitney Bowes Direct group led by Neil Metviner, executive vice president and president of Pitney Bowes Direct.

Stamford, CT-based Pitney Bowes  said the deal helps the company add value in another critical part of the mail stream.

Print Inc. generated approximately $49 million in revenue in 2005 by supporting small- to mid-size customers in a variety of industry verticals, such as legal services. They are headquartered near Bellevue, Washington and employ 221 people at 15 sites.

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above