X-Rite acquires industrial and ink formulation software company

Pigment & Resin Technology

ISSN: 0369-9420

Publication date: 1 October 2004

Citation

(2004), "X-Rite acquires industrial and ink formulation software company", Pigment & Resin Technology, Vol. 33 No. 5. https://doi.org/10.1108/prt.2004.12933eab.037

Publisher

:

Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited


X-Rite acquires industrial and ink formulation software company

X-Rite acquires industrial and ink formulation software company

X-Rite has acquired Moniga Gremmo S.r.l., an industrial and ink formulation software company based in Milan, Italy. Under the terms of acquisition, X-Rite obtains all operating assets, software code, intellectual property, and customer relationships of Moniga Gremmo. “The acquisition of Moniga Gremmo is a significant step in our effort to strengthen X-Rite’s industrial color solutions worldwide,” said Joan Andrew, X-Rite’s Vice-President of Global Sales. “Moniga Gremmo’s software is well accepted in Europe, a strategic growth market for our company. We believe the integration of their software with our current offering will enhance our line of complete color solutions for the industrial markets we serve worldwide.” Moniga Gremmo’s software includes specific features commonly used in industrial markets such as inks, paints, plastics, textiles, cosmetics, and foods, where color quality control is a critical component to business efficiency.