Monotype will acquire marketing startup Olapic for $130M

Monotype, a publicly-traded company focused on font design and technology, announced today that it’s acquiring Olapic, a startup that helps brands promote themselves with user-generated photos. The deal is expected to close in the third quarter of this year — at that point, Olapic will operate as a division of Monotype. The purchase price is $130 million, plus $19 million in… Read More...