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
Transcription and captioning provider Verbit raises a whopping USD 60 million in Series C from Sapphire to fund tech development but also growth via acquisition. Continue reading
US-based video remote interpreting (VRI) provider Cloudbreak snapped up by investors and taken public via Special Acquisition Vehicle (SPAC) in USD 1.35bn deal. Continue reading
Mere months after launch, GPT-3 is already being commercialized by early adopters. Email productivity startup OthersideAI is one of them — and they just raised USD 2.6m in seed funding. Continue reading
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. Continue reading
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. Continue reading
Translation management tech and marketplace provider Smartcat raises USD 14.6m in Series B; 2020 set to become banner year for language industry investment. Continue reading
RWS closes acquisition of UK rival in deal that values SDL at over USD 800m and creates the world’s largest language service provider by revenue and market cap. Continue reading
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. Continue reading
Translation and localization startup TAIA raises EUR 1.2m in series A funding from Croatian venture capital to fuel software development and business growth. Continue reading
Swiss-German LSP Apostroph Group acquires rival GLOBAL TRANSLATIONS in Switzerland; forecasts double-digit revenue growth in 2020 despite unpredictability of Covid-19. Continue reading
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. Continue reading
Shares in translation, transcription, captioning, and subtitling provider Ai-Media open strong after Sydney IPO, boosting company’s market cap to nearly AUD 200m. Continue reading
UK-based e-commerce giant and owner of LSP Language Connect, The Hut Group, lists in London, raising GBP 1.88bn. Language Connect rebranding to THG Fluently. Continue reading
Belgium language service providers, ElaN Languages and OneLiner, announce merger. Johan Noël of ElaN discusses revenues, new deal wins, recent Dutch acquisition, and why they are crisis-resistant. Continue reading
Slator launches the Language Industry Investor Map, an interactive database of more than 180 investment transactions, spanning 5+ years of translation and localization investment. Continue reading
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