Pitney Bowes, Inc.

NYSE:PBI   3:59:57 PM EDT
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Mergers / Acquisitions

Grid Dynamics Acquires UK-Based Tacit Knowledge

Published: 05/30/2021 04:10 GMT
Pitney Bowes, Inc. (PBI) - Grid Dynamics Acquires Uk-based Tacit Knowledge; Enhances Digital Commerce Capabilities and Expands Delivery Footprint Across Uk, Us, Mexico and Moldova.
As a Part of Acquisition, Entire Team of More Than 180 Employees Will Join Grid Dynamics.
Acquisition Was Financed Using Grid Dynamics' Available Cash Reserves.