It paid 6.3m ($10.6m) for the Massachusetts-based ICC colour management software development firm.
The firms already had a relationship and X-Rite was bundling Monaco software with its spectrophotometers.
Monaco founder George Adam is among the staff joining X-Rite.
We look forward to providing and developing solutions for new customer markets within the graphic arts, imaging and photo industries, said X-Rite president Michael Ferrara.
X-Rite and Monaco distributor NCS Integrated Solutions has welcomed the move in the UK. NCS managing director Roger Stockdale said: Its business as usual, weve been told they will merge R&D which will be good. Colour management is one of our biggest growth areas.
Geoff Balfour, X-Rite's managing director for northern Europe, added: It strengthens the relationship between us. Were not structured to sell and consult in colour management. NCS provides colour management consultancy from monitor to press, thats the infrastructure needed.
Others in the colour management sector have welcomed the news as necessary consolidation in an overcrowded niche market.
Story by Barney Cox
Have your say in the Printweek Poll
Related stories
Latest comments
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
"It always felt that the Labour government were between a rock and a hard place with regard to fixing the mess they were left by the Tories. They have minimal wiggle room and, though not ideal, it..."
Up next...
Lamina Fasline arrived in September
MRP invests £1.8m in new press and mounter
Over 2,800 organisations challenged globally
Two Sides reports rising greenwash cases and campaign success
Founded in 1884