Revenues at game localizer Keywords up 50% in first half of 2017. CEO Andrew Day tells analysts deal making will continue with up to ten acquisitions per year and not worried about potential competition from Lionbridge and SDL. Continue reading
Andrew Smart
Goldmans Sachs halts US IPO work for HNA Pactera on governance concerns as Pactera continues to seek new capital for expansion. Move may have have implications for Pactera’s localization unit. Continue reading
After the custodian in charge of selling TransPerfect threatens to exclude Co-CEO Phil Shawe from the sales process, Shawe sues in Federal Court. Translation productivity tool Wordfast emerges as major potential obstacle to sale. Continue reading
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Shares in game localizer Keywords Studios surge following a trading update and broker buy reports in July. With a market capitalization of nearly one billion USD, Keywords’ valuation is now double that of much larger SDL. Continue reading
Fast-growing language service provider translate plus snapped up by Publicis Groupe’s production unit Prodigious. The move creates a competitive offering to WPP’s transcreation unit Hogarth. Continue reading
At Slator’s Tokyo Meetup, held at the Grand Hyatt in Roppongi, participants discussed what’s driving the language industry in 2017. The meetup was well attended by language service providers, industry consultants, and localization buyers. Continue reading
The National Labor Relations Board has issued a complaint against interpretation services provider SOS International (SOSi). SOSi may be required to reclassify hundreds of interpreters supporting a large government contract from freelance to employee-status nationwide. Continue reading
SlatorCon London was attended by over 60 senior language industry executives. We took the opportunity to talk about translation productivity with Lilt’s Spence Green, neural MT with Iconic’s John Tinsley of Iconic, and language industry M&A with Simon Baertl from William Blair & Company. Continue reading
At SlatorCon London, venture capitalist Marcus Polke shares the patterns he sees driving the next innovation cycle in language services. LSPs will have to get ready to service new sets of clients demanding entirely new services. Continue reading
The language services industry is experiencing an M&A boom with over 50 acquisitions announced since the beginning of 2016. At SlatorCon London, investment banker Simon Baertl shared his view on why dealmakers like the industry. Continue reading
As global corporations optimize procurement across their global operations, they look to consolidate translation spend in a single framework. At SlatorCon London, Steve Kirk, Chief Procurement Officer at QuintilesIMS, discussed how the world’s largest clinical research organization manages language services. Continue reading
Financial experts cited valuing TransPerfect at up to USD 1.2 billion as RWS Group Executive Chairman Andrew Brode qualifies his statement with Slator on a potential bid. Continue reading
As the clock ticks on the potential forced sale of the New York-based language services giant, co-CEO Phil Shawe’s lawyer confirms his client made an offer of USD 300m for the 50% stake held by co-CEO Liz Elting; offer based on 10x net earnings of USD 30m. Continue reading
Flying half way around the world and crossing 12 time zones was excellent preparation for us to network among 420 language industry professionals at the 8th annual conference hosted by the Globalization and Localization Association (GALA) in New York. Continue reading
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