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.
SlatorCon Zurich is now SOLD OUT — See you on October 4th!
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.
Straker Translations continues acquisition strategy by buying Belgium-based language service provider IDEST for up to EUR 4.5m.
As the language industry races to assess the business impact of large language models, we examine who were the top and worst performing listed language service providers since ChatGPT.
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.
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 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 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.
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 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.
Update to Germany’s Judicial Remuneration and Compensation Act sees rates rise for translators and interpreters. Industry association BDÜ criticizes changes as inadequate.
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 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.
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%.
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 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 from private investors and VC fund as investment in translation management systems accelerates.
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 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.
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 surprises the market with a resilient set of first-half 2020 results. Strong cash management, operational efficiencies, and new product launches send shares soaring.
Slator Weekly: Join over 15,600 subscribers and get the latest language industry intelligence every Friday
Tool Box: Join 10,000 subscribers for your monthly linguist technology update.
Your information will not be shared with third parties. No Spam.
This will close in 0 seconds