The optimization of multichannel equalizers is studied for the structural similarity (SSIM) criteria. The closed-form formula is provided for the optimal equalizer when the mean of the source is zero. The formula shows that the equalizer with maximal SSIM index is equal to the one with minimal mean square error (MSE) multiplied by a positive real number, which is shown to be equal to the inverse of the achieved SSIM index. The relation of the maximal SSIM index to the minimal MSE is also established for given blurring filters and fixed length equalizers. An algorithm is also presented to compute the suboptimal equalizer for the general sources. Various numerical examples are given to demonstrate the effectiveness of the results.