Monotype today announced that it has acquired Hoefler&Co, the prominent type foundry based in New York City. Hoefler&Co is one of the most iconic names in type design, having designed the fonts that give voice to many of the world’s foremost institutions, publications, causes, and brands.
Jonathan Hoefler on the Hoefler&Co website:
In the meantime, I’ll be stepping down from my role in the company, to finally make the time to recharge, reflect, and explore some new ideas. In these past few years, participating in a documentary and using typography to help elect a president have been potent reminders of just how many ways there are for type to make a difference, and just how many people are moved by the splendor of typography.
I hope Monotype will be a good steward of the Hoefler&Co collection, but it is always a little bit disappointing to see a seemingly successful independent business get swallowed up by some giant.