Straker Translations Expands in Europe With Idest Acquisition
Straker Translations continues acquisition strategy by buying Belgium-based language service provider IDEST for up to EUR 4.5m.
Florian Faes
Co-Founder of Slator. Linguist, business developer, and mountain runner. Based in the beautiful lakeside city of Zurich, Switzerland.
The Best and Worst Performing Listed Language Service Providers of 2021
While the overall language industry put in an exceptionally strong year, investors in listed LSPs and companies operating LSP units were handed a decidedly mixed bag in 2021.
RWS CFO Resigns, Keywords Secures Financing
Super Agency RWS is looking for a new CFO after Des Glass resigns. Game localizer Keywords Studios ups its credit facility to continue to drive investment and M&A.
SDL Revenues Rise 13% to About USD 417m in 2018 on Donnelley Deal
SDL projects 2018 revenues to be in the range of GBP 323–325m and EBITA of no less than GBP 28.5m. Shares open flat in early London trading as results came in as expected.
RWS Restarts M&A With USD 6m Acquisition of Alpha Translations Canada
In its first acquisition after the transformative Moravia deal, RWS buys Canadian legal and finance boutique language service provider Alpha Translations for USD 6m.
Slator 2023 Language Service Provider Index (Data as a Spreadsheet Download)
Spreadsheet with underlying data for the Slator 2023 LSPI: ca. 350 LSPs, 2022 revenues (USD), growth, ownership, headquarters, and more.
What We Learned From RWS’ H1 2021 Results
RWS releases first-half results as they revive Language Weaver MT brand, switch to SaaS TMS model, continue SDL integration, and prepare to welcome a new CEO in July.
RWS Turbocharges Integration of SDL, Heads for Billion Dollars in 2021 Revenues
RWS posts solid half-year results with revenues climbing to over USD 450m; pre-tax profit expected to hit nearly USD 70m in H1 2021. SDL businesses being integrated at rapid clip.
Straker Acquires Lingotek for Up to USD 9.6m
New Zealand-based Straker Translations taps into vast US market, buying translation services and translation management system provider Lingotek for up to USD 9.5m.
RWS CEO Talks About the Future of SDL
RWS reports stable earnings in its last full-year set of figures prior to SDL inclusion. Plans to rebrand and create four new divisions, housing a mix of RWS and SDL business lines.
Pay Raise for Germany’s Judicial Translators and Interpreters Criticized as Inadequate
Update to Germany’s Judicial Remuneration and Compensation Act sees rates rise for translators and interpreters. Industry association BDÜ criticizes changes as inadequate.
TELUS Execs Reveal Why They Bought Lionbridge AI
Commenting on the acquisition of Lionbridge’s data annotation business, senior executives of telco giant TELUS make the case for why the acquisition was a compelling move.
Lionbridge Sells AI Division to TELUS for USD 935 Million
Lionbridge sells data annotation division to Canada's TELUS in major payday for private equity owners H.I.G. Capital. Translation and localization business to remain with Lionbridge.
TransPerfect Q3 2020 Revenues Rise by 13% to USD 213m
Before relinquishing its crown as the world’s largest LSP by revenue to RWS, TransPerfect puts in a strong third quarter as revenues rise by 13%.
RWS Inches Closer to Completing SDL Acquisition
Shareholders of both RWS and SDL greenlight mega-deal that will create the world’s largest language service provider. RWS rallies back from post-deal announcement lows.
Acolad Buys AMPLEXOR, Becomes Continental Europe’s Largest LSP
Acolad owner and serial language industry dealmaker Benjamin du Fraysseix is set to close his largest deal yet as he acquires rival language service provider AMPLEXOR.
Localization SaaS Startup Lokalise Raises USD 6m in Series A
Localization SaaS startup Lokalise raises USD 6m in Series A from private investors and VC fund as investment in translation management systems accelerates.
Appen Shares Retreat From All-time High on Soft Language Data Business
Data annotation provider Appen posts 25% revenue growth for first half 2020 as Relevance division booms. Weakness in language data business contributes to share price retreat.
RWS to Buy SDL in Transformative Deal for the Language Industry
RWS set to acquire UK rival SDL in 1.1-billion-dollar, all-share deal — which is set to transform the language industry. Deal expected to close in Q4 2020, subject to conditions.
Earnings Wrap: Summa Linguae Booms, Honyaku Plunges, Lingo24 Gloomy for 2020
Data annotation and life sciences drive Summa Linguae’s Q2 growth. Honyaku Center gets clobbered as interpreting business is wiped out. Lingo24 provides a gloomy forecast for 2020.
SDL Shares Soar on Resilient Earnings in First Half of 2020
SDL surprises the market with a resilient set of first-half 2020 results. Strong cash management, operational efficiencies, and new product launches send shares soaring.
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