Pitney-Bowes (PBI) Announces Acquisition of CrescoData

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Pitney Bowes Expands Shipping Portfolio with Acquisition of CrescoData

November 4, 2021 8:30 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the acquisition of CrescoData, a Platform-as-a-Service (PaaS) business in the commerce space. Terms of the deal were not disclosed.

Based in Singapore, CrescoDatas Commerce Connect Platform provides integration to over 85 commerce channels through a single API, and enables mapping and automating of product, stock, and order data between the platforms. This... More