Ricoh has announced that it has reached an agreement to buy ColorGate Digital Output Solutions GmbH.
Founded in 1997, ColorGate based in Hannover, Germany, has been supporting the printing industry for over 20 years by providing software for the wide format and industrial printing sectors.
The company provides colour management technology to support printing and decorating a wide variety of materials used for packaging, floor and wall coverings as well as textiles and signage. It is a leading provider of performance optimised colour management and workflow software to standardise and automate growing digital print markets including décor and textiles.
Peter Williams, corporate vice president and general manager of commercial and industrial printing business group, Ricoh, said: ‘By combining ColorGate’s proprietary software technology with our own industrial printers, Ricoh will provide solutions covering the whole printing workflow from pre-press to post press. This acquisition will enable ColorGate to expand its industrial printing business and global presence as together we become better able to support our customers to accelerate their transition from analogue to digital based production.’
Thomas Kirschner, co-founder of ColorGate who will continue to serve as CEO, commented: ‘We are delighted to have been selected by Ricoh to contribute to this strong future growth strategy whilst we continue to serve our established customer base, OEM partners and reseller channel.’