Bitstream Inc.

Bitstream Inc.
Company typePublic
Nasdaq: BITS
IndustryType foundry, mobile phone web browsers
Founded1981; 43 years ago (1981)
FounderCherie Cone
Matthew Carter
Mike Parker Edit this on Wikidata
DefunctMarch 19, 2012 (2012-03-19)
FateAcquired by Monotype
HeadquartersMarlborough, Massachusetts, United States
Key people
Amos Kaminski (chairman and Interim CEO)
Number of employees
96[1]

Bitstream Inc. was an American type foundry that produced digital typefaces. It was founded in 1981 by Matthew Carter, Mike Parker, Cherie Cone, and Rob Friedman, all former employees of the Mergenthaler Linotype Company.[2] It was located in Marlborough, Massachusetts. The font business, including MyFonts, was acquired by Monotype Imaging in March 2012.[3][4] The remainder of the business, responsible for Pageflex and Bolt Browser, was spun off to a new entity named Marlborough Software Development Holdings Inc.[5][6] It was later renamed Pageflex, Inc following a successful management buyout in December 2013.[7]

  1. ^ "Company Profile for Bitstream Inc (BITS)". Archived from the original on 2009-04-27. Retrieved 2008-10-21.
  2. ^ "An Interview With Matthew Carter". Print. 2011-03-02. Retrieved 2024-04-04.
  3. ^ "Monotype Closes Purchase Of Bitstream's Font Business For $50 Mln; Lifts FY View". Market Headlines web site. NASDAQ. 2012-03-19. Retrieved 2012-03-26.
  4. ^ "Monotype Imaging Completes Acquisition of Bitstream's Font Business". press release. Monotype Imaging. 2012-03-19. Archived from the original on 2012-04-08. Retrieved 2012-03-26.
  5. ^ "Monotype acquires Bitstream's font business in $50m all cash deal". PrintWeek. Haymarket Business Media. 2011-11-14. Archived from the original on 2012-05-02. Retrieved 2012-03-26.
  6. ^ "Marlborough Software Development Holdings Inc. to Commence Trading on Over-The-Counter Bulletin Board on March 19, 2012 Under the Symbol "MBGH."". press release. Bitstream, Inc. 2012-03-16. Retrieved 2012-03-26.
  7. ^ "Marlborough Software Development Holdings Inc. Acquired in Management-Led Buyout | Business Wire". www.businesswire.com. 9 December 2013. Retrieved 2015-11-20.