#PITNEYBOWES MAPINFO SOFTWARE#
2005: GeoBusiness Solutions Limited (location-based analytical and modeling services and software in the UK).2005: MarkeTech Systems, Inc., a Raleigh, North Carolina-based provider of software, data and services for use by retail banks to enhance branch network sales and profitability.2007: Graphical Data Capture, a developer of applications and offerer of consulting services primarily to local and regional UK govt authorities, in addition to utilities, financial services and insurance cos.2007: Encom Technology, a supplier of specialist software, data and services to the global mineral exploration and petroleum industries.In 2000, MapInfo partnered with Lucent to "develop location-based services for mobile communications devices." Acquisition history MapInfo developed a spatial datablade for Informix and collaborated with Oracle Corporation to develop the original spatial cartridge for the Oracle 8i database. This provided the inspiration for the Microsoft MapPoint program, which became a separate product from Microsoft, and since then Microsoft Map was dropped. The add-on was subsequently included in Microsoft Office 97, and Microsoft Office 2000. MapInfo provided the first tools to Microsoft that allowed them to include mapping functionality in their products, specifically the mapping add-on branded as Microsoft Map for Microsoft Excel as part of MS Office 95. Originally, the intention was to create an easy-to-use software package that did not require exceedingly large amounts of computing power. MapInfo developed the first desktop GIS in 1986. The company is rebranded as Precisely in December 2019. On August 26, 2019, Pitney Bowes sold its software division (which includes MapInfo Professional) to Syncsort for $700 million in cash. Īs of January 28, 2009, MapInfo and Group 1 Software were operating as one division called Pitney Bowes Business Insight. On December 18, 2007, Pitney Bowes also acquired Encom Technology whose products include Encom Discover and Encom Engage which are the major plugins for MapInfo Professional. Following the acquisition, MapInfo changed its name to Pitney Bowes MapInfo Corporation. On ApPitney Bowes entered into a merger agreement to acquire MapInfo Corporation for approximately $408 million in cash. Robertson Stephens was the lead investment bank that managed the IPO. Owen to be the CEO in 1991, who brought in Matthew Szulik as VP of Sales and Doug Finlay as CFO. Marvin insisted that the company be run on a cash flow break-even basis, but did raise a rainy-day fund of $2 million from Greylock Partners in 1989. In the years prior to the IPO, Marvin served as chairman of the board, hiring the CEO and making sure he was comfortable with how the company was being managed. MapInfo held an initial public offering (IPO) on February 1, 1994. Magazine's annual list of the 500 fastest-growing private companies in the U.S. Its other competitor was ESRI, which primarily sold expensive GIS software for engineering workstations. Later, Strategic Mapping was sold to Claritas Worldwide in May 1996. The first intended product was for in-car navigation, but this was abandoned when inertial navigation proved impractical.Įarly competition for MapInfo software came from Strategic Mapping, which had been founded by Steve Poizner around the same time. The company originated as a Rensselaer Polytechnic Institute incubator project. Marvin helped to set up the business and used his community contacts to raise seed capital.
#PITNEYBOWES MAPINFO HOW TO#
They contacted Michael Marvin early in the company's history for advice on how to form the company. They got a contract to develop bus routes for a local school district, and used the money to develop their first product. The four were students at nearby Rensselaer Polytechnic Institute who wanted to develop an inexpensive mapping tool for the PC. MapInfo was founded in 1986 by Laszlo Bardos, Andrew Dressel, John Haller, and Sean O’Sullivan.
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