Software Localization Platform Transifex Sold to PARC Partners
Search fund PARC Partners buys SaaS software localization company, Transifex; installs new leadership in entrepreneurs Chris Reese (CEO) and Tony Pilnik (President).
Search fund PARC Partners buys SaaS software localization company, Transifex; installs new leadership in entrepreneurs Chris Reese (CEO) and Tony Pilnik (President).
SeproTec buys tsd to expand into German-speaking DACH region. It is the Spain-based LSP’s first acquisition after its majority sale to private equity firm, Nazca Capital, in 2021.
UK-based RWS confirms that Baring Private Equity Asia is considering a takeover bid. No formal approach has been made to the RWS board just yet.
Video games services provider, Keywords Studios, grows 37% in 2021 as combined localization revenues from translation, subtitling, dubbing, voice over, and testing climb 20%.
France-headquartered language service provider, Acolad Group, buys leading local rival, Ubiqus, a specialist in transcription services and machine translation technology.
Website translation localization provider, Weglot, secures EUR 45m (USD 49.4m) investment from technology investor Partech Growth for its no-code, SaaS-based website localization solution.
Interpreting software provider, Boostlingo, acquires interpreting management platform, Interpreter Intelligence, and remote simultaneous interpreting provider, VoiceBoxer.
UK-based media localization company, ZOO Digital, raises full-year revenue forecast to USD 65m, announces acquisition of Mumbai-based Vista India and the launch of ZOO India.
Germany’s Transline Gruppe swaps majority owners as former backer LEAD Equities exits via sale to investment firm Blue Cap. Transline founder retains significant minority.
UK-based media localization company, ZOO Digital, acquires 51% stake in Seoul-based provider of Korean-language subtitling and dubbing, WhatSub Pro.
US-based transcription and captioning unicorn, Verbit, acquires market research specialist, Take Note, in the UK to expand note-taking and meeting-minutes service.
Slator Language Industry Job Index (LIJI) climbs 3 points in March 2022 as hiring remains active in translation, localization, and interpreting.
Captioning and translation provider Ai-Media grew 29% to AUD 29.6m in the first half of 2022, led by technology revenue shift, growth in North America, and Broadcast customers.
RWS releases expectations for full-year 2022 after five months of trading, as Language Services and Regulated Industries divisions outperform weaker IP Services unit.
US-based video accessibility provider 3Play Media acquires Captionmax, a provider of captioning, video localization, and audio description services, to expand live services.
Israel-based machine dubbing startup, Deepdub, raises USD 20m in series A for its AI-based localization and dubbing solution for TV and Film.
Slator Language Industry Job Index (LIJI) climbs marginally in February 2022 following seasonal dip in January 2022 hiring levels in translation, localization, and interpreting.
New Zealand-based language service provider (LSP) Straker roughly doubles quarterly revenues vs. the prior year, and sets its sights on Europe’s public sector after IDEST acquisition.
US-headquartered TransPerfect clears billion-dollar milestone with USD 1.1bn in 2021 revenues. Retains title as world’s largest language service provider (LSP).
Media localization giant Iyuno-SDI valued at USD 1.2bn in the latest investment led by IMM, as the subtitling and dubbing leader continues to ride tailwinds in entertainment and streaming.