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MASS. MOVERS

Monotype Imaging-Bitstream deal complete

Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leading global provider of text imaging solutions, today announced it has completed its acquisition of Bitstream Inc.’s font business in an all cash merger valued at approximately $50 million, subject to adjustments based on the closing net asset value of the company. “This is a great day in our history,’’ said Doug Shaw, president and chief executive officer of Monotype Imaging. “Our mission is to be the first place to turn for typefaces, technology and expertise that enable the best user experience and ensure brand integrity regardless of device, platform or language.

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