Adobe, Monotype in font deal

Graphic design software company Adobe Systems (ADBE) has formed a partnership with typeface designer Monotype Imaging (TYPE) that's expected to add more than 1,000 new fonts to Adobe's Typekit service, which is used to add distinctive typefaces to Web pages. Adobe said the agreement will add a variety of beautiful contemporary fonts to its library. Adobe shares fell 1.6% to 32.90. Monotype fell 2.80% to 15.29.