Pitney Bowes Inc. will acquire Enroute Systems Corp., a Seattle-based provider of cloud-based retail and fulfillment software, the companies said Tuesday.
Pitney Bowes, headquartered in Stamford, Conn., said the acquisition would complement its e-commerce offerings for companies throughout the retail supply chain and allow businesses to more efficiently manage their omnichannel operations.
Enroute Systems runs a transportation management system (TMS) that it said allows high-volume retailers and e-tailers to cut shipping execution times, lower shipping costs, enhance business intelligence, and generate real-time supply chain visibility and tracking,
Terms of the deal were not disclosed.
Pitney Bowes' customers can use the new TMS capability to bridge their digital and physical streams of commerce while maintaining flexible fulfillment, the company stated. Pitney Bowes operates in the customer-information management, location-intelligence, customer-engagement, shipping and mailing, and global e-commerce categories
"What is critical for both consumers and retailers is a seamless shopping experience across channels with flexible delivery options," Lila Snyder, president of global e-commerce for Pitney Bowes, said in a statement.
"The expansion of our e-commerce offerings will enable us to help our clients deliver a better consumer shopping experience, from sales order to package delivery, by connecting a variety of physical and digital processes in the fulfillment-management chain," Snyder said.