Pitney Bowes Inc. announced that its Pitney Bowes Group 1 Software and Pitney Bowes MapInfo business units, acquired separately, will become a single software company. The move is effective immediately, and the businesses will merge operations over the next several months.

Mike Hickey, currently president of Pitney Bowes MapInfo, will become president of the combined entity, which is called Pitney Bowes Software. Chris Baker, who has served as president of Group 1 Software during two years of strong growth, will be transitioning into a broader innovation role within Pitney Bowes after leading Group 1 Software through a transformation that created a structure for sustained customer and shareholder value.

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