In 1999 the company went public before making the first of many acquisitions, shipping rate comparison site. A Shipload of AcquisitionsĪfter 's 1996 founding, it quickly became the first USPS-approved provider of postage online. Pending proper approval from regulatory agencies and stockholders, the deal will probably conclude in Q3, with stockholders receiving $330 per share. They had no other offers, cementing the deal. The agreement would let their publicly traded company become private as long as they couldn't find a better offer within the 40-day "go-shop" period ending on August 18th.
#STAMPS.COM VS ENDICIA SOFTWARE#
On July 9th, 2021, made a $6.6 billion deal private equity and leading software investment firm Thoma Bravo will acquire them. Finally, we'll discuss the likely effect on users of and its subsidiaries. Then we'll see if we can't untangle this mess to determine their long-term plans and motivations to get some idea where this path might lead. While many are big-name companies integral to the organization, many eCommerce businesses are completely unaware of their ownership.įirst, let's go over their deal to go private and the acquisitions that now fall under the company's umbrella. Upon looking into the situation, we discovered that went on a bit of a shopping spree itself, accumulating a slew of related businesses. It also raises quite a few questions about how partners and users will be affected. Given the eCommerce sector's reliance on them, this move is understandably making a lot of people nervous. recently announced that they would be acquired and privatized.
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