August 26, 2019 / 11:19 AM / 23 days ago

Pitney Bowes to sell software solutions unit to Syncsort for $700 mln

Aug. 26 - E-commerce solutions firm Pitney Bowes Inc said on Monday it would sell its software solutions business to enterprise software company Syncsort for $700 million in an all-cash deal.

The deal is expected to close before the end of 2019. (Reporting by Neha Malara in Bengaluru; Editing by Shinjini Ganguli)

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