LAWRENCEVILLE, N.J. — May 16, 2023 — Datacolor AG, a global supplier of color management solutions, announced the acquisition of matchmycolor LLC, a technology company specialized in color formulation and communication software. Datacolor consolidates 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 more than 50 years of industry experience, Datacolor has established itself as a trusted global provider of color management solutions, serving customers in a wide area 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.
“We welcome all employees of matchmycolor in the Datacolor family. This acquisition enhances our ability to deliver innovative color management solutions, strengthening Datacolor’s comprehensive software offering. Together, we will empower customers to achieve accurate and consistent color performance across the globe,” said Albert Busch, CEO at Datacolor.
The owners of matchmycolor, Michael Jakobi and Judy van de Langkruis, expressed their delight to become part of a world-leading group, which will enable them to serve customers in a much larger market than before, saying, “We are looking forward to be joining forces with Datacolor. As one company, we will be able to offer an even wider range of solutions that will help customers achieve their color management goals.”
matchmycolor, was created in 2009 through a management buyout from the former Ciba Specialty Chemicals and achieved sales of about 3 million Swiss francs in fiscal 2022 with around 20 employees, mainly software specialists. The matchmycolor team will continue to work out of the company’s Basel offices.
Posted: May 16, 2023
Source: Datacolor AG