X-Rite Incorporated and Pantone LLC, global leaders in color science and technology, have launched a Brand Color Assessment Profile program to help brands visualize how their brand colors will reproduce. The new company will comprise Danaher’s Water Quality and Product Identification businesses, including Videojet, X-Rite Pantone, and Esko serving the printing industry. Danaher Corporation has made a cash offer for X-Rite, owner of design industry color provider Pantone, with the deal for the colour management specialist broadly welcomed by shareholders and senior management.
X-Rite is known for its color measurement and color matching products, and Danaher is looking to expand in the imaging systems market. The company also creates products that regulate quality in the processing of film and x-rays. The brand standard was digitally defined by X-Rite and stored in the PantoneLIVE cloud for easy access by everyone in the design, artwork creation, and color management industries.
Pantone LLC, a wholly owned subsidiary of X-Rite, Incorporated, has been the world’s color authority for nearly 50 years, providing design solutions. X-Rite, a supplier of color measurement instruments and software, purchased Pantone for US$180 million in October 2007, and was acquired by Danaher. With its wholly owned subsidiary Pantone, X-Rite employs more than 800 people in 11 countries. Soap and Glory implemented X-Rite digital color solutions, including PantoneLIVE™ and ColorCert Suite, to create a new, bespoke pink across all products.
Danaher has spun off Videojet, X-Rite Pantone, and Esko into an independent company. PantoneLIVE is the first service under the Pantone Digital Business Unit, a newly created division of X-Rite that is the byproduct of Pantone’s color and inspection solutions.
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What is the new name for X-Rite?
X-Rite has announced that their monitor calibrators and ColorChecker calibration cards will be managed by a separate company, Calibrite, in mid-2021. The products will be labeled as “Calibrite, powered by X-Rite” and will come from the same production line. The re-branding is purely cosmetic, with no immediate changes to the product range or support scenarios. All X-Rite i1 Pro range products, including monitor calibrators, will remain unchanged.
Is Pantone missing from Illustrator 2024?
The Pantone books, which were accessible in Photoshop 2022 and earlier versions, have been removed from InDesign, Illustrator, and Photoshop in the 2024 versions.
Why is Pantone leaving Adobe?
Pantone Colors are being removed from Adobe due to outdated and inaccurate color libraries, causing frustration and expensive print issues for designers. Adobe’s Photoshop FAQ states that Pantone adjusted their licensing model with Adobe. To access the 15, 000 available Pantone colors, users must purchase a Pantone license through a Pantone Connect subscription for up to $15 a month and install the free plugin on Adobe Exchange. The extension can be launched from the Adobe Creative Cloud app by going to “Window”, then “Extension”, and selecting “Pantone Connect”.
What company owns Pantone?
X-Rite, a supplier of color measurement instruments and software, purchased Pantone for $180 million in 2007, which was later acquired by Danaher Corporation in 2012. Pantone, founded in New Jersey in the 1950s, began as a commercial printing company by brothers Mervin and Jesse Levine. In 1956, Lawrence Herbert, a graduate of Hofstra University, was hired as a part-time employee. Herbert used his chemistry knowledge to simplify the company’s pigment stock and production of colored inks.
By 1962, he managed the ink and printing division at a profit, while the commercial-display division was in debt. He purchased the company’s technological assets from the Levine Brothers for $50, 000 and renamed them “Pantone”. Pantone’s primary products include Pantone Guides, which consist of small thin cardboard or plastic sheets printed with a series of related color swatches and bound into a small “fan deck”.
Who is the parent company of X-Rite?
In 2012, the Danaher Corporation, a multinational enterprise headquartered in Washington, D. C., procured X-Rite, and has since become a preeminent purveyor of pharmaceuticals and medical devices.
Does Danaher own X-Rite?
In 2012, X-Rite, a company specialising in the measurement of colour, was acquired by the Danaher Corporation. The company offers the CAPSURE system and the Pantone SkinTone™ Guide for use in the cosmetics industry. It has achieved a certain degree of pop culture status as a result of its association with Pantone’s Color of the Year announcements. In 2016, the company unveiled the Total Appearance Capture solution, TAC7, which represented a significant advancement in appearance capture and measurement.
Does Pantone own X-Rite?
X-Rite, a global leader in color, gained prominence through a 2006 merger with GretagMacbeth and a 2007 acquisition of Pantone. These acquisitions combined X-Rite’s portable strength, Gretag’s benchtop and imaging expertise, Macbeth’s lighting expertise, Munsell’s color science legacy, and Pantone’s leadership in color inspiration and design. Innovations in digital communication and connectivity influenced X-Rite’s growth.
What is the revenue of X-Rite?
X-Rite, with a workforce of 186 individuals, has a revenue per employee ratio of $1, 277, 161, with a peak revenue of $237. 6 million in 2023. The company’s primary competitor is Johnson & Johnson, while its smallest competitor is Aprilaire, a division of Research Products Corporation.
Where is X-Rite World headquarters?
X-Rite, a global company based in Grand Rapids, Michigan, offers comprehensive color management solutions for clients across various industries. They specialize in blending the art and science of color to ensure the highest level of color integrity, ensuring your product and customer’s product stand out. X-Rite also hosts press releases and tradeshows, providing insights into the latest color news and industry trends.
What happened to X-Rite?
X-Rite Incorporated and Calibrite have partnered to transition the X-Rite photo and video portfolio to Calibrite, a new company focused on color management for the photo, video, and content creation markets. Calibrite will collaborate with X-Rite on product development and take global control of packaging, distribution, and marketing of X-Rite photo solutions. The new Calibrite suite of products will be powered by X-Rite technology. X-Rite, which has led the market for color management products, decided to serve the unique needs of photographers and filmmakers through a dedicated partner.
Calibrite, formed by passionate investors who have worked with X-Rite for over 20 years, will continue to provide industry-leading solutions for photographers, filmmakers, designers, and content creators.
Who is the competitor of Pantone?
Pantone is a well-known design software program, with alternatives available in other design software and 3D printing software.
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