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Monotype Announces Deal To Acquire Fontworks - An Iconic Japanese Type Foundry

Jul 19, 2023about 2 years ago

Acquiring Company

Monotype Imaging

Acquired Company

Fontworks

WoburnInformation Technology

Description

Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based FontworksTM, 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.

Company Information

Company

Monotype Imaging

Location

Woburn, Massachusetts, United States

About

Monotype brings brands to life through type and technology that consumers engage with every day. We offer a library of over 250,000 fonts from over 4,500 talented designers and foundries across the world. We work with the biggest global brands and individual creatives, offering a wide selection of solutions that make it easier for them to do what they do best: design beautiful brand experiences. 

FundzWatch™ Score

69
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed