Monotype announces deal to acquire Fontworks - an iconic Japanese Type Foundry
WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology. The deal was also announced today by SB Technology, a listed company on the Tokyo Stock Exchange. The deal is scheduled to close in Q3 of 2023.
- Acquisition to address increasing global demand for Japanese type design and deliver multiscript typefaces to Japanese creative professionals.
- WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology.
- As part of the Monotype family, Fontworks will be able to better support Japanese customers and ensure Fontworks' type designs reach new audiences internationally.
- The international market for Japanese type is growing rapidly – together, Monotype and Fontworks will help accelerate it further."