NASDAQ: TYPE 20.69 -0.05 (-0.24%)
Volume 255,764
08/25/16 03:59 PM Pricing delayed 20 minutes More Stock quote and chart

Print or digital, Monotype (NASDAQ:TYPE) has always created value through type.

No items found

Press Releases

Monotype press releases are provided for historical purposes only. Information contained in Monotype press releases is accurate only as of the date they are issued originally. Monotype has no obligation to update the information contained in press releases after their date of issuance.

Monotype Reports Inducement Grants Under Nasdaq Marketplace Rule 5635(c) August 12, 2016
Monotype (Nasdaq: TYPE), a leader in helping to empower expression and engagement through type, technology and expertise, today announced that in association with its August 9, 2016 acquisition of Olapic, Inc. , and in compliance with Nasdaq Marketplace Rule 5635(c), Monotype has granted equity awards as inducement awards to employees of Olapic who are now joining Monotype. In connection with the transaction, Monotype has awarded 104,156 shares of restricted common stock to each of Pau Sabria, Jose de Cabo and Luis Sanz Arilla, the founders and former executive officers of Olapic, each of who will serve as an Executive Director of Monotype’s Olapic subsidiary. 43,399 shares subject to the inducement awards to each of the former Olapic founders will vest on the second anniversary of the issuance of the award, with the remaining shares awarded to each founder vesting on the third anniversary of the issuance of the award, and all shares are subject to possible accelerated vesting under...
Monotype Completes Acquisition of Olapic August 9, 2016
Monotype (Nasdaq: TYPE), a leader in helping to empower expression and engagement through type, technology and expertise, today announced it has completed its previously announced acquisition of Olapic for approximately $130 million . Olapic’s Earned Content Platform helps brands collect, curate, use and analyze user-generated content in the form of images and videos in their ecommerce experiences and across multiple marketing channels. This helps to create powerful branded experiences that drive consumer engagement and increase conversions. Today, the company serves more than 400 brands across apparel, publishing, retail, consumer packaged goods, travel and leisure. Customers include companies like Calvin Klein, Hyatt, giggle, The North Face and L’Oreal. Effective today, Olapic will operate as a division of Monotype. “We’re thrilled to announce that we have closed the Olapic acquisition. Our strategy remains focused on expanding on our solid foundation in type, and Olapic will enable...
Monotype Announces Second Quarter 2016 Results July 27, 2016
Company continues to see strong growth in Creative Professional business Monotype (Nasdaq: TYPE), a leader in helping to empower expression and engagement through type, technology and expertise, today announced financial results for the second quarter ended June 30, 2016. This announcement follows the company’s July 21 announcement that it intends to acquire Olapic. A 190-person company based in New York City, Olapic offers a leading visual marketing platform for the curation, activation, and analysis of Earned Content. Second quarter 2016 highlights Revenue for the quarter was $48.7 million, an increase of 5 percent, year over year. Creative Professional revenue was $23.5 million, up 13 percent. Net income was $6.7 million and non-GAAP net adjusted EBITDA was $17.1 million, or 35 percent of revenue. Cash and cash equivalents stood at $109.5 million. “Monotype’s business is solid, and in the second quarter, we saw another strong performance from Creative Professional,” said Scott...

NASDAQ: TYPE

Price 20.69 -0.05 (-0.24%)
Volume 255,764
08/25/16 03:59 PM Pricing delayed 20 minutes More Stock quote and chart

Share