7 months ago
December 16, 2019
Lionbridge Wins USD 1.1m in Canada Government Contracts for Patent Translation
Patent translations is a big and complex market — with buyer organizations such as the World Intellectual Property Office (WIPO) and the European Patents Office (EPO) allocating large and increasing budgets to translation suppliers annually.
Little surprise, then, that the world’s most valuable listed language service provider (LSP), UK-headquartered RWS, competes strongly in this market, deriving more than a third of its revenues from IP translation and related services.
Several thousand miles away, in the arena of public sector translation procurement, the Canadian government has awarded two contracts to another of the world’s largest LSPs, US-headquartered Lionbridge.
In a competitive process, Lionbridge won two streams (or lots) of a three-stream translation services tender. The contracts will see Lionbridge provide French–English and English–French translation and editing services to the Canadian Intellectual Property Office.
Slator 2020 Language Industry Market Report
Stream one is for the translation of general, administrative, and semi-specialized texts. Stream three, which was also won by Lionbridge, is for the translation of patent titles and abstracts. According to the contract award history, the total value of the contracts awarded to Lionbridge is around CAD 1.5m (USD 1.1m).
The contract for stream two, for the translation of specialized texts, was awarded to Ottawa-based LSP The Masha Krupp Translation Group Limited.
Slator spoke to Lionbridge’s General Manager of Canadian Operations, Robin Ayoub, who said that Lionbridge is the sole supplier on the two contracts they were awarded. Lionbridge beat out six other bidders for the stream one contract, and four other competitors for the stream three contract, Ayoub told Slator.
The contract started on November 1, 2019 and will run for a duration of two years.
Your information will never be shared with third parties. No Spam.