Danaher Corp. to Acquire X-Rite Inc.

“Along with Videojet and Esko, we believe X-Rite and Pantone will further Danaher’s leading position in the product identification industry and present an attractive value creation opportunity,” added Daniel.

Thomas J. Vacchiano Jr., X-Rite’s CEO said, “Joining Danaher enhances X-Rite’s ability to achieve our growth goals while realizing a significant and immediate all-cash premium for X-Rite stockholders. Danaher’s global scale, market presence and resources will allow X-Rite to accelerate our growth, particularly for our key strategic initiatives like PantoneLIVE and Appearance solutions. As part of Danaher, X-Rite will be able to expand our access to new markets and complementary technologies.”