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
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.
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.
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 flagship Language Industry Market Report analyzes market growth for 2022 and presents market share estimates by vertical, geography, buyer intention, and LSP segment.
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.
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 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-based financial printing company HeterMedia announces it will acquire a 51% stake in boutique language service provider (LSP) Into23, aims to diversify its portfolio.
German language service provider Flexword will acquire local boutique translation agency exact! in July 2023, with cooperation between the two companies having already begun.
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.
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.
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.
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 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.
Atlanta-based translation and legal services provider, Trustpoint.One, acquires Utah’s inWhatLanguage to expand technology capabilities and geographic coverage.
Denmark-headquartered LanguageWire buys France-based translation agency A.D.T. International, to expand further in Europe and the French translation and localization market.
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.
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.
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.
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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