Acquisition grows X-Rite color management portfolio

Color measurement specialist X-Rite has acquired the assets of Monaco Systems, a Massachusetts-based company that develops and distributes color management software to the graphic arts and photo markets.

‘The Monaco acquisition is a key component in X-Rite’s drive to offer total color management solutions, integrating excellent software with our highly accurate and reliable instruments,’ said Michael C. Ferrara, president of X-Rite. ‘Jim Weaver (X-Rite’s general manager of Print & Imaging) identified this acquisition and strongly believes that the combination of products, global distribution, color expertise and service offerings will enable X-Rite to offer a broader set of color solutions to new and existing customers. We are also pleased to announce that George Adam, Monaco’s founder, as well as his staff, will be joining our organization.’

This is X-Rite’s third acquisition in 2003. Earlier this year, in an agreement with Benjamin Moore & Co., X-Rite acquired the ColoRx product line and related assets from Thermo Electron Corporation, Benjamin Moore’s former supplier. More recently, X-Rite acquired the ccDot meter product line of Centurfax Ltd., a London-based company that develops and distributes products serving the pre-press and printing industries.

Monaco Systems has a line of software products targeted toward specific markets within the digital imaging and photo industries including: MonacoPROOF, MonacoPROFILER, MonacoVIEW and MonacoEZColor.