Agfa Divests its Typography Business

MORTSEL, BELGIUM--Agfa-Gevaert announced it has signed an agreement to divest Agfa Monotype Corp. to a Boston-based private equity investor, TA Associates. The transaction reportedly is valued at $169 million.

The typography business now will operate under the name Monotype Imaging, Inc. It will continue to be headquartered in Wilmington, MA and currently mploys 144 people.