Find out about the latest mergers and acquisitions, as well as the latest rounds of investments in leading companies from translation services to language technology
Toppan Digital Language acquires second London LSP in a row, TranslateMedia; expects to triple in size in 2022, and lead translation market for high-risk and regulated sectors in two years.
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.
Baring Private Equity Asia and RWS have confirmed that Baring does not intend to make a bid for UK-based RWS.
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.
Big Language Solutions buys legal translation specialist, Lawlinguists. CEO Jeff Brink says combined revenues expected to exceed USD 90m by year-end 2022.
Launched in 2018, Jeenie pivoted during the pandemic from international tourism to healthcare, and raised a US 9.3m series A on a gig-economy-meets-marketplace business model.
AI language services and tech agency, Lilt, raises USD 55m in series C funding led by Four Rivers, with new investors Sorenson Capital, Clear Ventures, and Wipro Ventures.
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.
Lionbridge Games acquires Berlin voice-over and localization studio, mouse-power. Managing Director, Tugdual Delisle, on plans to ‘win the hearts and minds’ of three billion gamers.
Denmark-based language services and tech provider, LanguageWire, acquires French boutique translation agency, AWS. Group revenue comes in at USD 77m.
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.
SaaS platform, designed for software and app developers with limited knowledge of NLP, valued at USD 11m; advocates “voice-first” approach for end-users in developing countries.
US-based video accessibility provider 3Play Media acquires Captionmax, a provider of captioning, video localization, and audio description services, to expand live services.
100,000 Spanish-speaking workers in IT, design, data entry, and more on waitlist to use Viva Translate machine translation to communicate with potential US employers.
Israel-based machine dubbing startup, Deepdub, raises USD 20m in series A for its AI-based localization and dubbing solution for TV and Film.
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