MapInfo Corporation, initially incorporated as Navigational Technologies Incorporated, developed leading edge location intelligence solutions. The company, was headquartered in North Greenbush, New York. It was acquired on April 19, 2007 by Pitney Bowes, and on January 28, 2009, the name of the Pitney Bowes division it had become was changed to Pitney Bowes Business Insight. From inception, MapInfo had grown quickly, appearing at number 23 in Inc. Magazine's annual list of the 500 fastest-growing private companies in the U.S. in 1992, and holding an initial public offering (IPO) in 1994. Its products included a desk-top mapping application, various map and demographic data products, and some web-based applications. It acquired several other companies in order to market their software, data, or services directly.