Manage updates with the Download AppMonotype gets more digital, buys Bitstream font biz
Monotype Imaging acquired the font business of rival Bitstream for about $50 million in cash, a move that gives it greater clout in the world of digital typography.
Through the acquisition, announced yesterday, Monotype Imaging gets Bitstream's typeface library, its MyFont site for browsing 89,000 fonts and licensing them for use on Web sites, the WhatTheFont service for identifying typefaces, its Font Fusion and Panorama software for font rendering and layout, and 10 patents. It's also hiring 50 Bitstream employees and taking over its research and development site in India.
The move gives Monotype Imaging more heft … Read more
