X-Rite Acquires Centurfax Product Line to Serve Graphic Arts Markets
Press release from the issuing company
GRANDVILLE, Mich.--April 3, 2003-- X-Rite, Incorporated, a leading global provider of technology solutions that measure color, light and shape, today announced that it has acquired the ccDot meter product line of Centurfax Ltd., a successful London-based company that develops and distributes products serving the pre-press and printing industries. ccDot meter products consist of quality control devices that ensure the accurate measurement of film, offset-litho plates and digital proofing solutions.
"This acquisition is a perfect addition to the X-Rite product lines that serve the international print and imaging markets." said Michael C. Ferrara, President of X-Rite, Incorporated. "The ccDot product line has an established customer base and strong reputation for being the best in the industry. Centurfax has done a great job in developing and marketing this innovative technology, and we look forward to offering this product line to our new and existing customers."
This $1.5 million acquisition includes all intellectual property associated with the line and related software.
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