- Pitney Bowes
company_name = Pitney Bowes Inc.
company_type = Public (
NYSE: [http://www.nyse.com/about/listed/lcddata.html?ticker=PBI PBI] )
company_slogan = Engineering the flow of communication
foundation = 1920
location_country = U.S.
Arthur Pitney, Founder
Walter Bowes, Founder
Michael J. Critelli, Executive Chairman
Murray D. Martin, President and CEO
Michael Monahan, EVP and CFO
num_employees = 36,165 (2008) [ [http://finance.yahoo.com/q/pr?s=pbi PBI: Profile for PITNEY BOWES INC - Yahoo! Finance ] ]
industry = Business Services
Metering Systems Addressing Software Presort Mail Services
revenue = profit$6.1 billion USD (2006)
homepage = [http://www.pb.com/ www.pb.com]
Pitney Bowes Inc. (nyse|PBI) is a
Stamford, Connecticut-based manufacturer of software and hardware and a provider of services related to documents, packaging, mailstream. The company has approximately 36,000 employees worldwide. [ [http://finance.yahoo.com/q/pr?s=pbi PBI: Profile for PITNEY BOWES INC - Yahoo! Finance ] ] It is one of 87 existing firms that have been members of the S&P 500since its founding in 1957.
Other major U.S. centers of operation include
Danbury, Connecticut, Shelton, Connecticut, Troy, New York, and Lanham, Maryland.
Arthur Pitneypatented his first "double-locking" hand-cranked postage-stamping machine, and, with patent attorneyEugene A. Rummler, founded the Pitney Postal Machine Company. In 1908, English emigrant and founder of the Universal Stamping Machine Company Walter Bowesbegan providing stamp-canceling machines to the United States Postal Service. Bowes moved his operations to Stamford in 1917. A rapid increase in mail volume in 1919 made the Post Office more receptive to metered mail, and Pitney subsequently traveled to meet Bowes. On March 15, 1920, the United States House of Representativespassed a bill authorizing mechanical stamps on first-class mail, and on April 23, 1920, the two companies merged to form the Pitney Bowes Postage Meter Company, with the goal of producing a machine that would combine Pitney's "double-locking" counter with Bowes's system for wrapping postage payment, postmarking and cancellation. The United States Post Officeapproved their postage meter on August 25, 1920.
Between 1922 and 1923, the government collected $4,359,070 in postage from the first commercial installations of 400 meters. Pitney Bowes also began to sell their products internationally.
The company was listed on the
New York Stock Exchangein 1950, and joined the Fortune 500in 1962.
In 1968 Pitney Bowes acquired the Monarch Marking System Company, which would produce the first bar code equipment for retail trade use.
In the 1980s, the firm expanded into
copy machines and facsimile machines, and in the 1990s and 2000s began producing printers and communications technologies, adding services for digital document delivery and management. Pitney Bowes has made $2.5 billion in acquisitions since the year 2000 as it diversifies beyond the postage meter business - notable acquisitions in 2007 included Troy, NY-based MapInfoand the Canadian company Digital Cement. 
The firm currently holds 3,400 active patents, six of which are personally held by Executive Chairman
Michael J. Critelli.
* [http://www.pb.com/ Pitney Bowes corporate US website]
* [http://www.pitneybowes.co.uk/ Pitney Bowes corporate UK website]
* [http://www.mailroomnews.com/ Mailroom News]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Pitney Bowes — Inc. Dates clés 1920 : Création Personnages clés Arthur Pitney, Founder Walter Bowes, Founder Michael J. Critelli, Executive Chairman Murray D. Martin, President and CEO Michael Monahan, EVP and CFO … Wikipédia en Français
Pitney Bowes — Rechtsform Incorporated Gründung 1920 Sitz … Deutsch Wikipedia
Walter Bowes — (1882 1957) is an English born industrialist and sportsman who came to fame in the United States as the co founder of Pitney Bowes.An entrepreneur and salesman, he achieved great success as a businessman and also had a passion for racing yachts… … Wikipedia
Arthur Pitney — Arthur H. Pitney (1871 1933) was an American inventor best known as the father of the postage meter. Postage meters are used today by millions of businesses to imprint postage on envelopes and parcels. Meter indicia serve as proof of payment,… … Wikipedia
PBI P — Pitney Bowes, Inc. Preferred (Business » NYSE Symbols) … Abbreviations dictionary
PB — Pitney Bowes, Inc. Contributor: LaRC … NASA Acronyms
Murray D. Martin — Chairman, President and CEO of Pitney Bowes Incumbent Assumed office M … Wikipedia
MapInfo — Corp Type Public Industry Software Geographic Information Systems Founded 1986 … Wikipedia
Postage meter — A postage meter is a mechanical device used to create and apply physical evidence of postage (or franking) to mailed matter. Postage meters are regulated by a country s postal authority; for example, in the United States, the United States Postal … Wikipedia
Michael J. Critelli — Occupation Dossia CEO Dossia Michael J. Critelli is the CEO of Dossia and former Executive Chairman of Pitney Bowes. Critelli retired from Pitney Bowes in December, 2008, and was names Dossia CEO in 2011. He went to the University of… … Wikipedia