Michael Adler

Xerox Corp. has received the 2003 IEEE Corporate Innovation Recognition award for its work that created the DocuTech product line. The IEEE recognized Xerox "for its DocuTech product line, which unified digital electronics, computing and communications with xerography to create the print-on-demand industry," says Michael Adler, IEEE president. X-Rite Inc. has acquired the assets of Monaco Systems, a Massachusetts-based company that develops and distributes color management software to the graphic arts and photo markets. This $10.6 million asset purchase, funded by a combination of cash and stock, (some of which is subject to certain vesting requirements), includes the entire Monaco line of color management

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