UPFRONT

X-Rite Plunks Down $280M

GRANDVILLE, MI—X-Rite will pay $280 million for the outstanding registered shares of Amazys Holding, plus 2.11 shares of X-Rite Inc. stock per share. Amazys develops, markets and supports hardware, software and services to measure and communicate color under the GretagMacbeth brand. The combined company anticipates $25 million in annual operating expense savings by the third year following the deal.