Pitney Bowes Agrees to Acquire Alysis Technologies

Share this content:
Pitney Bowes Inc. said yesterday that it has agreed to acquire Alysis Technologies Inc., an e-billing software provider, for $24 million in cash.


For more than two years, Pitney Bowes Document Messaging Technologies --which offers professional services and software solutions for Internet billing, statement presentment and payment applications -- has deployed the Alysis WorkOut server, which allows companies to streamline billing, payment processing, dispute management, work flow and data analysis technology.


This architecture is designed for business-to-business and e-commerce applications and offers integration and handling of high volumes of data. It also will drive use of Pitney Bowes' professional services and related products.


In the next several days, Pitney Bowes, Stamford, CT, will make a tender offer at a value of $1.39 per share for the outstanding common shares of Alysis, Emeryville, CA. The companies anticipate that the transaction will be completed by mid- to late April.


"The contemplated acquisition of Alysis is directly in line with our mission to support our customers' mission-critical mail and document management processes," said Michael J. Critelli, chairman/CEO of Pitney Bowes.


Customers of both companies include the Post Office of the United Kingdom, Aetna Insurance, Detroit Edison, Wisconsin Energy, United Illuminating, the state of Oregon and Jersey Post.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

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