GRANDVILLE ? X-Rite has acquired for just under $500,000 software technology and personnel from two companies, part of X-Rite?s ongoing strategy to strengthen the company?s core color business. The cash deals closed within the past 60 days.
X-Rite acquired visualization software from ForeSite Software of East Hartford, Conn., after a recent business partnership with the company. ForeSite’s technology is currently integrated in Home Visualizer, part of X-Rite’s award winning ColorDesigner software application. Home Visualizer enables customers to visualize and select colors for their home. This technology will be developed further and customized for key OEM relationships and future product offerings.
From ICC Tools Print West, in Saskatchewan, Canada, X-Rite has acquired software code and personnel. This technology engine is used in X-Rite’s MonacoQCcolor and Colorshop X color management software products.
“Both acquisitions reflect our aggressive M&A strategy to find complementary technology that adds significant value to our current and future color business innovation,” said James Weaver, X-Rite’s Vice President of Marketing and Product Development. “Additionally, these acquisitions are critical to driving customer relationships, especially our OEM partners.”
X-Rite provides color management solutions that includes hardware, software and services for the verification and communication of color data. The Company serves the photo, digital imaging, graphic arts, industrial and retail color matching, medical and dental markets.
