Pitney Bowes Inc. (NYSE:PBI) acquired Cresco Data Pte Ltd for $22 million on November 4, 2021. As per the terms of the transaction, $15 million shall be paid in cash plus potential additional payments of up to $7 million based on the achievement of revenue targets during the periods year 2022-2024. CrescoData's team join the Pitney Bowes Inc.'s team.

Pitney Bowes Inc. (NYSE:PBI) completed the acquisition of Cresco Data Pte Ltd on November 4, 2021.