Today it was announced that Syncsort acquires Pitney Bowes Software Solutions. In the announcement it is said that “The acquisition, Syncsort’s largest ever, brings to the company best-in-class location intelligence, data enrichment, customer information management and customer engagement solutions that are highly complementary to its existing portfolio”.
Pitney Bowes has offered a data quality oriented suite called Spectrum. Back in the 00’s Pitney Bowes acquired pioneer data quality tool vendor Group1 (and intended to buy FirstLogic).
Syncsort has its data quality tool from the Trillium Software acquisition.
Both Pitney Bowes and Syncsort were well positioned in the latest Gartner Magic Quadrant for Data Quality Tools as reported in the post Data Quality Tools are Vital for Digital Transformation.
Pitney Bowes has also been recognized as a MDM platform vendor by Forrester as mentioned in the post Several Sources of Truth about MDM / PIM Solutions.
Will be exciting to see how long Syncsort will move into the data management space. Will Syncsort stay with name and address data quality and customer data or will they, as many other vendors on the market, move towards a multidomain MDM and more comprehensive data management offering?
A note of correction: Pitney Bowes did not acquire FirstLogic. Business Objects acquired FirstLogic in 2006 and in turn became part of the SAP portfolio when Business Objects was acquired by SAP in 2007.
Although there was a letter of intent from Pitney Bowes to acquire FirstLogic in late 2005, the deal fell apart shortly thereafter.
Thank Roger. The text has been corrected.