X-Rite Acquiring Pantone to Extend Reach in the Color Industry

“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.”