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
Language service provider Propio gets growth equity investment from healthcare investor, Triple Tree Capital Partners, for interpreting app development and hiring. Continue reading
US-based video remote interpreting provider, Cloudbreak Health, announces completion of SPACing onto New York Stock Exchange. SPAC GigCapital2 renamed UpHealth Inc. Continue reading
Israel-based LSP, BLEND, buys US-based GM Voices, voice localization provider that recorded Siri. CEO says deal was culmination of an 18-month search for an ace to help penetrate voice market. Continue reading
Transcription and captioning provider Verbit announces USD 157m in series D funding and mulls plans for potential US IPO in 2022. Continue reading
UK-based subtitle, translation, and automatic transcription provider, Subly closes EUR 0.82m seed round; looks to level up services and build the tech team. Continue reading
Straker plans to raise AUD 20m share placement to both institutional and retail investors. Proceeds to be used to pay down debt raised to acquire Lingotek, boost M&A, and invest in sales. Continue reading
The acquisition sees Wolfestone Group expand its portfolio to include five successful language solution companies Continue reading
Remote interpretation platform, Interactio, raises USD 30m in series A led by Eight Roads Ventures and Storm Ventures. CEO and Co-founder, Henrikas Urbonas, on where they plan to deploy the funds. Continue reading
German Translation Network (GEtraNet) buys local rival Lingua-World; prepares to enter build phase after decade-and-a-half M&A in Germany’s fragmented LSP market. Continue reading
Big Language Solutions (BIG) buys remote interpreting provider, Language Link. CEO Jeff Brink expects combined revenues to exceed USD 75m by year-end 2021. Continue reading
Transcription and captioning provider, Verbit, acquires media captioning specialist, VITAC. Enters global media segment with clients such as CNN, Fox, Bravo, and E!; increases staff fourfold. Continue reading
US-based Propio acquires local rival Vocalink. CEO Marco Assis forecasts strong growth in 2021, driven by remote interpreting, after “challenging” but resilient 2020. Continue reading
Quebec-based language service provider TRSB acquires Anglocom, a local rival with expertise in marketing and advertising. The combined company employs around 180 linguists. Continue reading
Translation and captioning provider Ai-Media set to acquire captioning technology provider EEG for up to USD 34m; deal will turn company EBITDA positive. Continue reading
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