This week I’m seeking a prestigious and long-term dividend-paying stock from the technology business sector.
That technology sector has nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological marvels.
Today I’m reviewing a small-cap software application company, named Monotype Imaging Holdings Inc. Its trading ticker symbol is TYPE.
Monotype Imaging Holdings Inc is a provider of type, technology and expertise for creative applications and consumer electronics, or CE, devices. The business is organized on thee segments, Creative, Professional, and Original Equipment Manufacturers (OEM).
The company develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and the rest of Asia. The company offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including myfonts.com, fonts.com, fontshop.com, and linotype.com. It also provides font scaling engine and font compression technologies that are compatible with virtual font formats and industry standards, including the PostScript and PCL printing languages.
Further, it provides expert consultation and custom type design services; and technical support and professional services. The company provides approximately 14,000 typeface designs and supports approximately 250 Latin and non-Latin languages. Its solutions are used in various devices, including laser printers, consumer appliances, and the Internet of things devices, as well as in various software applications and operating systems.
The company serves content creators, marketers, consumer device manufacturers, and independent software vendors and developers.
Monotype Imaging Holdings Inc. is headquartered in Woburn, Massachusetts.