April 14, 2012

X-Rite, Inc., parent company of design industry color provider Pantone, has agreed to be purchased by Danaher through a cash tender offer to acquire all of the outstanding shares of common stock at a purchase price of $5.55 per share. The deal is valued at approximately $625 million, including debt assumed and net of cash acquired.

X-Rite develops, manufactures, markets and supports innovative color solutions through measurement systems, software, color standards and services. Upon closing, X-Rite will be part of Danaher's product identification group.