MapInfo Corporation , originally incorporated as Navigational Technologies Incorporated , developed location intelligence software. The company is headquartered in North Greenbush, New York. It was obtained on April 19, 2007 by Pitney Bowes, and on January 28, 2009, the division's name changed to Pitney Bowes Business Insight . From the beginning, MapInfo has grown rapidly, appearing at number 23 on the annual list of Magazine Inc. of the 500 fastest growing private companies in the US in 1992, and held an initial public offering (IPO) in 1994. Its products include desks, top mapping applications, various maps and demographic data products, and several web-based applications. It acquired several other companies to market their software, data or services directly.
Video MapInfo Corporation
Histori
MapInfo was founded in 1986 by Laszlo Bardos, Andrew Dressel, John Haller, and Sean O'Sullivan. The four are students at the nearby Rensselaer Polytechnic Institute who want to develop a cheap mapping tool for PCs. They got a contract to develop bus routes for the local school district, and used the money to develop their first product. They contacted Michael Marvin early in the company's history to seek advice on how to form a company. Marvin helped set up a business and used his community contacts to raise the initial capital. The company started as a Rensselaer Polytechnic Institute (RPI) incubator project. The first intended product is for in-car navigation, but this was abandoned when inertial navigation proved to be impractical.
The initial competition for MapInfo software comes from Strategic Mapping, founded by Steve Poizner at the same time. Then, Strategic Mapping was sold to Claritas Worldwide in May 1996. Another competitor is ESRI, which mainly sells expensive GIS software for engineering workstations.
MapInfo appears at number 23 on Inc. Magazine's Inc. 500 in 1992.
MapInfo held an initial public offering (IPO) on 1 February 1994. In the years before the IPO, Marvin served as Chairman of the Board, hired the CEO and made sure he was comfortable with how the company was managed. Marvin insisted that the company run on a cash flow basis, but raised a rainy day fund of $ 2 million from Greylock Partners in 1989.
MapInfo hired Brian D. Owen as CEO in 1991, who brought Matthew Szulik as Deputy Sales Director and Doug Finlay as CFO. Robertson Stephens is the premier investment bank that manages the IPO.
On April 19, 2007, Pitney Bowes entered into a merger agreement to acquire MapInfo Corporation with approximately $ 408 million in cash. After the acquisition, MapInfo changed its name to Pitney Bowes MapInfo Corporation.
On December 18, 2007, Pitney Bowes also acquired Encom Technology whose products include Encom Discover and Encom Engage which is the main plugin for MapInfo Professional.
On January 28, 2009, MapInfo and Group 1 Software operate as a division called Pitney Bowes Business Insight.
Maps MapInfo Corporation
Product history
MapInfo developed the first GIS desktop in 1986. Originally, the goal was to create a user-friendly software package that did not require enormous computing power.
MapInfo provides the first tool for Microsoft that allows them to include mapping functionality in their products, especially branded additional mappings such as Microsoft Map for Microsoft Excel as part of MS Office 95. This add-on is then incorporated into Microsoft Office 97 and Microsoft Office 2000. This provided an inspiration for the Microsoft MapPoint program, which became a separate product from Microsoft, and since then Microsoft Map was canceled.
MapInfo developed spatial data for Informix and collaborated with Oracle Corporation to develop original spatial cartridges for Oracle 8i databases.
In 2000, MapInfo partnered with Lucent to "develop location-based services for mobile communications devices."
Acquisition history
- 2007: Encom Technology, a leading provider of software, data and services for global mineral exploration and petroleum industry.
- 2007: Graphics Data Grab, application developer and consultant services primarily to local and regional UK governments, in addition to utilities, financial services and insurance.
- 2005: MarkeTech Systems, Inc., a Raleigh, North Carolina-based software, data and service provider used for retail banking to increase branch network sales and profitability.
- 2005: GeoBusiness Solutions Limited (location-based analytics and location-marketing services in the UK)
- 2004: The Southbank System, supplier of Asset Management systems and services to local governments, enterprises and civil engineering companies, mainly in the UK but also in New Zealand, Australia and the Asian Pacific market
- 2003: Thompson Associates, one of the top providers of retail site selection consultancy.
- 2000: Compusearch Inc., a provider of micro-marketing and market analysis software in Canada.
- 1998: On Target Mapping, telecommunication mapping provider in Pittsburgh, Pennsylvania
- 1997: Data Consulting (formerly Unit for Retail Planning Information (URPI)), MapInfo partners with products and expertise in market analysis and data products in the UK.
See also
- MapBasic
- Professional MapInfo
- MapInfo TAB Format
References
External links
- Pitney Bowes Business Insight website
- The MapInfo-L User Community Site
Source of the article : Wikipedia
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