Media Localization and Content Providers Merge in Sweden to Form JuneFirst
In Sweden, media localization provider Firstlight Media merges with tech company June to form JuneFirst, a year and a half after June’s holding company acquired Firstlight.
Language Industry (Artificial) Intelligence — Slator Answers
Esther Bond
Head of Advisory at Slator. Localization enthusiast, linguist and inquisitor. London native.
Translation and Interpreting Drive Return to Growth for Honyaku Center in FY2023
Japan-listed LSP Honyaku Center reported revenue growth of 5.9% to almost USD 80m in FY2023, as demand for translation and interpreting offset declines in other divisions.
Media Localization Provider Visual Data Acquires France’s EVA
US-based media localization provider Visual Data acquires EVA Localisation, a year after its initial strategic investment in the France-based dubbing and accessibility provider.
Slator’s New Analysis Finds Global Language Industry Grew 4.8% in 2022
Slator’s flagship Language Industry Market Report analyzes market growth for 2022 and presents market share estimates by vertical, geography, buyer intention, and LSP segment.
Straker Narrowly Misses Full-Year Revenue Guidance but Returns to Profit in Q4
Straker Translations reported (unaudited) revenues of NZD 59.4m in full-year 2023, narrowly missing guidance but returning to profitability after a strong Q4 and cost savings.
Slator 2023 Language Industry Market Report
140-page flagship report on market-size, LLM and GPT impact, TMS, AI dubbing, interpreting, game loc, market outlook, and more.
ZOO Digital Taps Investors for Japan Acquisition, Gives Full-Year Revenue Guidance
UK-based media localization company ZOO Digital raises GBP 12.5m (USD 15.5m) in a share placing to finance its planned acquisition of a Japanese subtitling and dubbing provider.
Shares in RWS Drop on First-Half 2023 Trading Update
Shares in UK-listed RWS fell 16% in one day following the release of a trading update, in which RWS said it expects a double-digit decline in adjusted pre-tax profit in the first half of FY23.
Hong Kong’s HeterMedia Acquires Majority of Boutique LSP Into23
Hong Kong-based financial printing company HeterMedia announces it will acquire a 51% stake in boutique language service provider (LSP) Into23, aims to diversify its portfolio.
Germany’s Flexword to Acquire Local Boutique Translation Agency
German language service provider Flexword will acquire local boutique translation agency exact! in July 2023, with cooperation between the two companies having already begun.
Media Localization Startup Ollang Raises USD 1.5M in Seed Funding
US- and Turkey-based media localization startup, Ollang, has raised USD 1.5m in seed funding to expand internationally and develop its proprietary workflow management product.
Investment Firm Mayfair Equity Partners Acquires Majority Stake in Jonckers
Belgium-based language service provider (LSP) Jonckers sells a majority stake to investment firm Mayfair Equity Partners after rapid organic growth, of more than 75%, in 2022.
NLP Startup NuMind Raises USD 3m in Seed Funding
Natural language processing (NLP) software startup NuMind has raised USD 3m to help companies create custom machine learning (ML) models for a range of NLP tasks.
The Translation People Acquires Scotland’s Sure Languages
UK-based language service provider (LSP) The Translation People buys Scotland’s Sure Languages in the company’s first acquisition since taking on private equity in late 2022.
South Korean Regulator’s Plan to Boost Demand for Translation Services
South Korea’s financial regulator, the FSC, will provide translation support to firms as English filings will be made mandatory for listed companies in a bid to attract foreign investors.
inWhatLanguage Acquired by Translation and Legal Solutions Provider Trustpoint.One
Atlanta-based translation and legal services provider, Trustpoint.One, acquires Utah’s inWhatLanguage to expand technology capabilities and geographic coverage.
LanguageWire Buys French Translation Agency, A.D.T. International
Denmark-headquartered LanguageWire buys France-based translation agency A.D.T. International, to expand further in Europe and the French translation and localization market.
Here Are the Three Fastest Growing Language Industry Sectors
We analyzed the 300+ language service providers (LSPs) in the Slator 2023 LSPI to highlight three of the fastest growing segments for translation and interpreting providers in 2022.
Appen Launches Full Strategy Review After ‘Far From Satisfactory’ 2022 Results
Australia-based data-for-AI provider Appen releases “far from satisfactory” results for full-year 2022 as customers face onslaught from new social media platforms and privacy issues.
Meet the Top 10 Fastest Growing Translation, Localization, and Interpreting Companies
Find out which language service providers outperformed their 300+ rivals in the Slator 2023 Language Service Provider Index in both percentage and absolute dollar terms.
This Segment Outperformed in the Slator 2023 Language Service Provider Index
Introducing the Slator 2023 LSPI companies and per segment analysis of 300+ language service providers (LSPs): percentage growth, dollar growth, declines, and total revenues.
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