Pitney Bowes expands shipping portfolio with acquisition of CrescoData

PRESS RELEASE 
November 04, 2021 08:30 AM Eastern Daylight Time
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, CrescoData’s Commerce Connect Platform provides integration to over 85 commerce channels through a single API, and enables mapping and …

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Source: The Loadstar

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