New York Awards Five-Year, Language Services Contracts to 33 LSPs
New York selects 33 language companies of various sizes and business categories for a five-year contract; 18 are local to the state.
Deal Wins
The latest closed deals in the language industry from technology vendors to service providers
Papercup’s Bloomberg Win Highlights Growing Adoption of Synthetic Voices, AI Dubbing
AI dubbing startup, Papercup, just landed a two-year contract with Bloomberg Media — signaling that a broader swath of clients is growing more comfortable with synthetic voices.
EU’s DG CONNECT Awards EUR 8m Contract for Language Data Platform
EU’s DG CONNECT awards a EUR 8m contract to create a platform and marketplace for multilingual language data sharing and exchange.
IBM Is Now a USD 15 Million Account for Straker Translations
Sydney-listed language service provider, Straker Translations, announces extension of IBM contract. Market reacts favorably.
SeproTec Lands USD 41m Frontex Contract for Interpretation, Cultural Mediation
SeproTec’s Global Director for Interpreting talks about managing a big, complex, public-sector contract; responds to recent pushback.
Slator 2022 Language Industry M&A and Funding Report
44-pages on 2022 translation and localization industry acquisitions and translation startup investments, with valuations, deal rationale.
After 70% Drop in Shares Since 2020 IPO, Ai-Media Bags Google Contract
Ai-Media inks three-year USD 3.5m contract to provide live captions and translation services to Google employees. Deal win provides welcome reprieve after steep share drop since IPO.
US Department of Defense Awards Valiant USD 55m Language Services Contract
Valiant Integrated Services, US Department of Defense’s incumbent LSP in Iraq and Syria, now seeks linguists in Turkish, Somali, Arabic, etc. for new DoD contract worth an estimated USD 55m.
European Union Awards EUR 12.4m Translation Contract as Irish Remains Unassigned
While several language service providers were named to lots for multiple languages, almost 26,000 pages of historically hard-to-hire-for Irish translation remain unassigned.
EU Names Last Vendor Standing in Speech Translation Contract
European Parliament’s DG TRAD shares future plans after selecting consortium of Cedat85, RWS, BertinIT to provide tool that transcribes, translates multilingual parliamentary debates in real time.
Airbnb’s New ‘Translation Engine’ Applies Machine Translation to UGC at Scale
New feature allows Airbnb users to read and find reviews in their own language. Marco Trombetti, CEO of Translated, which powers Airbnb, on machine translating user-generated content at scale.
NASA Awards Translation Contract Worth Up to USD 59m to TechTrans International
The Austin, Texas-based TechTrans International first provided Russian language and logistics support to NASA for the International Space Station almost 20 years ago.
UK Police Tweaks GBP 100 Million Interpreting RFP; Awards First of Six Lots to Cintra
UK Police awards first of six lots in GBP 100m RFP to Cintra Language Services; adjusts duration, scope, and hourly minimum interpreter rate.
UK Awards USD 0.5bn in Healthcare Translation and Interpreting Framework Contracts
UK’s HealthTrust Europe (HTE) and NHS SBS name 30+ winners of language services framework contracts for onsite and remote translation, interpretation, and transcription.
Semantix Partners with ESTeam, Summa Linguae on EUR 34m EU Translation Contract
EUR 34m translation contract covers a whopping 522 possible language combinations for draft text regulations, notifications, and exchanges on a Member State communication system.
Three More Years: thebigword’s Ministry of Justice Contract Just Got Extended
thebigword gets 3-year extension on Ministry of Justice contract. CEO Josh Gould says, despite shift to remote interpretation, 18,000 in-person interpreting jobs were booked last month by MoJ, etc.
EU Awards USD 13m Worth of Translation Contracts in January 2021
Eleven countries in the European Union name their chosen LSPs for translation and interpreting contracts worth a combined total of more than EUR 10m.
Straker Shares Skyrocket 75% on IBM Deal
Sydney-listed Straker Translations lands major deal win with IBM; shares zoom up as investors bet on long awaited boost to profitability.
EU Publishes Complete List of Awardees in Automatic Speech Translation Contract
EU releases complete list of players in contract to automatically transcribe and translate multilingual parliamentary debates in real time; two consortia and Microsoft Belgium awarded for phase one.
SOSi Defends DoJ Language Services Contract Worth Up to USD 400 Million
Contract incumbent SOS International (SOSi) will provide interpretation, translation, and transcription for courts associated with the Executive Office for Immigration Review (EOIR).
UK Selects 20 Language Service Providers for USD 100m Contract
Purchasing consortium ESPO names 20 winners of four-year contract. Framework largely for over-the-phone interpreting, virtual remote interpreting, and in-person interpreting.
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