

#Mapinfo price software#
Originally, the intention was to create an easy-to-use software package that did not require exceedingly large amounts of computing power. MapInfo developed the first desktop GIS in 1986. Īs of January 28, 2009, MapInfo and Group 1 Software were operating as one division called Pitney Bowes Business Insight. On DecemPitney Bowes also acquired Encom Technology whose products include Encom Discover and Encom Engage which are the major plugins for MapInfo Professional. Following the acquisition, MapInfo has changed its name to Pitney Bowes MapInfo Corporation. On ApPitney Bowes entered into a merger agreement to acquire MapInfo Corporation for approximately $408 million in cash.

Robertson Stephens was the lead investment bank that managed the IPO. Owen to be the CEO in 1991, who brought in Matthew Szulik as VP of Sales and Doug Finlay as CFO. Marvin insisted that the company be run on a cash flow break-even basis, but did raise a rainy-day fund of $2m from Greylock Partners in 1989. In the years prior to the IPO, Marvin served as Chairman of the Board, hiring the CEO and making sure he was comfortable with how the company was being managed. MapInfo held an initial public offering (IPO) on February 1, 1994. Its other competitor was ESRI, which primarily sold expensive GIS software for engineering workstations for more than 10x the price. Later, Strategic Mapping was sold to Claritas Worldwide in May 1996. The first intended product was for in-car navigation, but this was abandoned when inertial navigation proved impractical.Įarly competition for MapInfo software came from Strategic Mapping, which had been founded by Steve Poizner around the same time. The company originated as a Rensselaer Polytechnic Institute (RPI) incubator project.

Marvin helped to set up the business and used his community contacts to raise seed capital.
#Mapinfo price how to#
They contacted Mike Marvin early in the company's history for advice on how to form the company. They got a contract to develop bus routes for a local school district, and used the money to develop their first product. The four were students at nearby Rensselaer Polytechnic Institute who wanted to develop an inexpensive mapping tool for the PC. MapInfo was founded in 1986 by Laszlo Bardos, Andrew Dressel, John Haller, and Sean O’Sullivan.
