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Pantone to become new business unit within X-Rite

01 Sep '07
2 min read

- Accelerating technology and business model innovation
- Achieving significant synergies in marketing, operations and administration

“Larry Herbert and his team have built Pantone into a very successful business and we are delighted that it will now be part of the X-Rite family,” said Tom Vacchiano, chief executive officer of X-Rite. “This iconic brand is the perfect complement to X-Rite's business bringing Pantone's expertise and market position in color communication and standards to our color solutions product offerings. We believe that this strategic acquisition will provide value for our shareholders, customers, employees and partners.”

“We have proven expertise in integrating sizable, strategic acquisitions into our business,” Vacchiano continued. “We are confident that we can successfully blend the Pantone integration with our existing responsibilities as we evolve into a faster growing, more diverse business.”

“Pantone and X-Rite have enjoyed a strategic partnership in providing color management solutions for the digital imaging market for the last two years,” stated Larry Herbert, chief executive officer of Pantone. “Our company is wholly committed to color communication and inspiration and we are enthusiastic about combining our growing business with X-Rite to apply even greater resources to this work.”

Pantone Inc

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