Datacolor Acquires Color Formulation and Communication Software Company
Datacolor AG, a color management solutions company, announces the acquisition of matchmycolor LLC, a technology company specialized in color formulation and communication software. Datacolor consolidated matchmycolor as of January 1, 2023. The costs for the acquisition and the integration will affect the fiscal years 2022-23 and 2023-24. The strategic acquisition strengthens Datacolor's market position and further expands its global industry presence in color management.
With over 50 years of industry experience, Datacolor has established itself as a trusted global provider of color management solutions, serving customers in a wide aera of activities such as the textile and apparel sector, the paint, dye and plastics industry, as well as the fast-growing consumer market. The acquisition of matchmycolor aligns with Datacolor's vision to continuously invest in strengthening its comprehensive product portfolio of high-precision hardware and software solutions as well as its market-leading global service and sales organization helping even more customers get color right.