Datacolor acquires technology company Matchmycolor
Datacolor has announced the acquisition of Matchmycolor, a technology company specialised in colour formulation and communication software.
![The strategic acquisition is intended to strengthen Datacolor’s market position and to further expand its global industry presence in colour management. Image source: 88Studio - stock.adobe.com (symbol image). A handshake at a business meeting.](https://www.european-coatings.com/wp-content/uploads/2023/06/Deal-Handschlag-Handshake-Business-Quelle-88Studio-stockadobecom-805x0-c-default.jpg)
As a global provider of colour management solutions, Datacolor serves customers in a wide range of activities, including the paint, dye and plastics industry, the textile and apparel sector and the fast-growing consumer market. According to the company, the acquisition of Matchmycolor is in line with Datacolor’s vision to continuously invest in its comprehensive product portfolio of high-precision hardware and software solutions.
Matchmycolor team continues to work in Basel
Matchmycolor, was created in 2009 through a management buyout from the former Ciba Specialty Chemicals and achieved sales of about EUR 3 million in fiscal 2022 with around 20 employees, mainly software specialists. The Matchmycolor team will continue to work out of the company’s Basel offices.