(Originally produced in 1957 for Photon / Lumitype machines.)ġ965 Robin Nicholas joins (see pp.68-79).ġ972 Helvetica available on Monotype machines.ġ973 Monotype Corporation is acquired by the Grendon Trust then taken over by CST Investments Ltd. To maintain trading, a temporary office was taken at nearby Clifford’s Inn.ġ943 Monotype Technical Bulletin first issued.ġ944 Research begins on project that eventually produces the Monophoto Filmsetter.ġ955 Monophoto Filmsetter actively promoted in marketplace for first time.ġ961 Univers (Series 689) by Adrian Frutiger.
Monotype Newsletter first published.ġ941 Monotype offices in London at 43 Fetter Lane destroyed by enemy bombing on 10 May. It has been translated into at least 28 languages.
’ originally intended to demonstrate Perpetua Titling in a broadside type specimen. Beatrice Warde wrote the essay that begins, ‘This is a printing office. First used in The Times, 3 October (see pp.84-89). Beatrice Warde appointed Publicity Manager.ġ931 Name of the Lanston Monotype Corporation Ltd in Britain changed to the Monotype Corporation Ltd.ġ932 Times New Roman (Series 327). First original design for mechanical composition.ġ923 Stanley Morison appointed Typographical Adviser.ġ927 Beatrice Warde appointed editor of the Monotype Recorder.ġ929 Perpetua, Gill Sans and Bembo by Eric Gill.
Sol Hess employed as first type designer.ġ907 First Cyrillic font, Cushing (Series 46).ġ912 Imprint (Series 101), for The Imprint. Lanston Monotype company founded in US.ġ897 Lanston Monotype Corporation Ltd formed in UK, with offices at 42 Drury Lane, London.ġ899 Construction begins on factory at Salfords.ġ900 The first typeface issued by the Lanston Monotype Corporation Ltd as Modern (Series 1) based on a design by the Miller & Richard type foundry.ġ902 First issue of the Monotype Recorder. How can you say he made out like a bandit? I would understand saying that if he started the company with Frere-Jones, sold for hundreds of millions in four years, and managed to keep all of it for himself.1887 Patents granted to Tolbert Lanston (1844-1913) for a system for composing single metal types mechanically, which he had been developing since 1883. After 32 years, in 2021, Hoefler sells and decides he wants to do something different. Frere-Jones immediately starts his own company.Ħ. After 9 years rebranded and 15 years working together, in 2014, Frere-Jones sues Hoefler for $20M, claiming the fonts were worth $3M each. After 16 years, in 2005, rebranded to include Frere-Jones. Likely that Hoefler and her were the largest shareholders.Ĥ. After 13 years, in 2002, Hoefler's wife became CEO. No way someone puts in 10 years and makes someone else 50/50 unless they put up capital.ģ. After 10 years, in 1999, Frere-Jones joined-as an employee. Even if they sold for 10 times revenue, that's only $6M for 32 years of work.Ģ. Hoefler&Co had 5 employees and gross revenue was just over 625. Monotype annual revenues were less than 1/10th the acquisition cost.
Buying companies on the cheap and selling is classic PE logic.
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