(Nasdaq: STMP) is buying Newell Rubbermaid Inc. (NYSE: NWL) unit Endicia for $215 million.

Both companies provide online mailing and shipping services, but are focused on different market segments. Stamps focuses more on small business and enterprise mailing customers, and Endicia focuses more on high-volume shippers.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.