Danaher to Buy X-Rite

Upon completion of the transaction, X-Rite, headquartered in Grand Rapids, Mich., will operate as a stand-alone company within Danaher's Product Identification group which is a part of their Industrial Technology Segment. X-Rite's existing management team will continue to hold key senior leadership positions. X-Rite will continue to do business under its existing X-Rite, Pantone and other leading brands.