Graphic arts software developer Bitstream (BITS) says it will sell its font business to Monotype...

|About: Bitstream Inc. (BITS)|By:, SA News Editor

Graphic arts software developer Bitstream (BITS) says it will sell its font business to Monotype Imaging Holdings (TYPE) in a deal worth $50M, and files a registration statement to spin off its non-font business. BITS +6.7% premarket.