In its second-largest acquisition, Amazon buys the company for $970 million.
The company’s ClearPath Service Suite helps reduce the challenges associated with international ecommerce, allowing e-retailers to take advantage of the surging global online population and favorable exchange rates.
STAMFORD, Conn., June 02, 2011 - Pitney Bowes Inc. (NYSE:PBI) today announced that its ClearPath™ international ecommerce and logistics service is now available to U.S.-based retailers on the Magento Open Source Ecommerce Platform. The company’s ClearPath Service Suite helps reduce the challenges associated with international ecommerce, allowing e-retailers to take advantage of the surging global online population and favorable exchange rates.
Pitney Bowes collaborated with Grand River, a leading ecommerce development and integration service provider, to build extensions between Magento™ and the Pitney Bowes ClearPath™ service. The ClearPath services are available through Magento Connect, the official marketplace for Magento extensions. The extension is compatible with Magento Community 1.4 and 1.5 and Magento Enterprise 1.9 and 1.10 versions, allowing customers of all sizes to leverage the Pitney Bowes international services.
“The potential of international ecommerce is tremendous, and we want to make it easy for retailers by offering a pre-built extension directly into the Magento platform,” said Craig Reed, vice president, ecommerce solutions at Pitney Bowes. “We are delighted to join the Magento Partner Program and look forward to helping retailers offer global shoppers a seamless cross-border purchasing and shipping experience to 200 countries worldwide.”
“The availability of Pitney Bowes’s international ecommerce solutions through Magento Connect will enable our customers to access affordable global delivery services, customs and brokerage management, and a full suite of logistics web services to help make international selling a simple process,” said Phil Robinson, vice president, business development at Magento. “These solutions can really help retailers of all sizes reduce the complexity of international transactions and expand their businesses in the global marketplace.”
Pitney Bowes offers a comprehensive suite of ecommerce solutions for international sales. The company's Software as a Service (SaaS) solutions help leading retailers sell to international customers, reduce the challenges associated with international ecommerce, and grow their business. The Pitney Bowes ClearPath™ Services Suite offers an array of API-driven (Application Programming Interface) web services to facilitate cross-border sales to 200 countries. Through one integration, retailers can access ClearPath™ services including: duty and tax calculation, fully landed and guaranteed costs at checkout, customs and brokerage management, import and export management, optimized global shipping, international address validation, denied parties screening, and parcel insurance. For more information, visit www.pb.com/ecommerce
About Pitney Bowes:
Delivering more than 90 years of innovation, Pitney Bowes provides software, hardware and services that integrate physical and digital communications channels. Long known for making its customers more productive, Pitney Bowes is increasingly helping other companies grow their business through advanced customer communications management. Pitney Bowes is a $5.4 billion company and employs more than 30,000 worldwide. Pitney Bowes: Every connection is a new opportunity™. www.pb.com/
Magento is the fastest growing eCommerce platform with over 225 solution providers, 100,000 merchants and brands worldwide and a host of Industry Partners that create applications and extensions for the Magento platform. Magento is a feature-rich, professional Open Source eCommerce platform solution that offers merchants complete flexibility and control over the presentation, content, and functionality of their online channel. Based in Los Angeles, Magento is a fast-paced, entrepreneurial organization dedicated to the mission of enabling the eCommerce ecosystem. www.magentocommerce.com