A Bullish Bowne
Bowne & Co. still maintains its NYC roots and has managed to spread itself across the country—and around the world. That diversification led to the creation of five business units under a company umbrella that generated just over $1 billion in 1999, $700 million of which was derived from its financial printing unit, making Bowne & Co. the world's leading printer of financial documents. The other four units that comprise Bowne are Business Solutions, Internet Solutions, Global Solutions and Digital Solutions. The following is a brief look at each of the four units:
Bowne Business Solutions:
Located on-site at more than 150 offices of domestic and international law firms and financial services companies. Customers outsource their multimedia development, document creation, imaging, retrieval, storage or litigation resource management to Bowne. Customers include, among others, Bank of America Securities, Sidley & Austin, UBS Warburg and Winston & Strawn. The unit accounted for just under $159 million in net sales and boasts approximately 2,000 employees.
Bowne Global Solutions:
Provider of product localization, Web globalization, and content creation and management services to software developers, hardware manufacturers, entertainment publishers and other information technology companies worldwide. Features production facilities in every major language center. Delivers essential services that enable technology industry leaders to conduct global commerce with their international customers. Among its clients: 3Com, Attachmate, Compaq, Corel, Dell, Hewlett-Packard, Lotus, Microsoft and Netscape. Accounted for $58.7 million in net sales, with more than 500 employees at 18 offices, within 15 countries.
Bowne Internet Solutions:
Web consulting and development that balances business strategy, project management, usability and technical expertise without compromising speed, accuracy, security or confidentiality. Bowne Internet Solutions can engage clients at any stage of their e-commerce initiatives. Bowne quickly defines, delivers and evolves stable, scalable, highly technical Websites by unifying a pragmatic approach with strategic consulting and project management centered around clients' business goals.