France-based language service provider Ubiqus has acquired boutique local rival Gedev, a specialist in aerospace and defense translation. Continue reading
M&A and Funding
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
Fast-growing German machine translation provider DeepL sells 13.6% stake to Silicon Valley venture capital firm Benchmark Capital as usage continues to accelerate. Continue reading
BTI Studios has acquired LaBibi and Multimedia Network, two Italian dubbing studios based in Rome, as the company continues its acquisition strategy of establishing a presence in all of the major dubbing markets. Continue reading
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Private equity firm AUCTUS Capital backs merger of Ü-Werk, WOK, and Enssner into holding company T-Works. Group employs nearly 200 full-time staff and plans further selective acquisitions. Continue reading
Acquisition of boutique technical language service provider Birotech by Belgian rival Déesse highlights the challenges owners face in selling their language service provider when they reach retirement age. Continue reading
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain. Continue reading
Media localizer BTI Studios steps up pace of acquisitions, buys German dubbing studio Berliner Synchron in bid to boost presence in a market with a long history of dubbing. Continue reading
Montréal-based OXO Translations acquires Ccaps, a marketing and software language service provider with offices in Brazil and the US. Continue reading
Denmark’s LanguageWire buys Belgian-based Xplanation in deal that creates one of the largest diversified European language service providers. Combined 2018 revenues to come in at nearly USD 70m. Continue reading
California-based language service provider MediaLocate buys local rival JLS Language in acquisition designed to fuel growth, strengthen foothold in Silicon Valley and gain Japanese client base. Continue reading
Zurich-based remote interpretation startup Interprefy has raised CHF 0.5m in funding and is now valued at CHF 11.5m. Former CLS CEO departs board while CEO of partner company joins new non-exec director. Continue reading
Shares in newly listed Straker Translations rise 13% from offer price in first week of trading after IPO on the Australian Stock Exchange, valuing the company at USD 62 million. Continue reading
U.S. interpretation provider Interpreters Unlimited expands into Colorado with acquisition of GlobeLink. Post-acquisition integration, recruiting qualified linguists, and legislation around contractors top the company’s list of challenges for the next two years. Continue reading
Media localizer BTI Studios acquires its long-time Dutch dubbing partner Creative Sounds in response to increased demand for Dutch dubbing and client preference for “owned and operated” studios. Continue reading
PE-backed Technicis acquires Finland’s AAC Global, pushes into lucrative Nordic market. Deal marks fourth acquisition in 2018, putting Technicis on track for nearly USD 140 million in 2018 pro-forma revenues. Continue reading
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