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
UK-based media localization provider Iyuno Media Group set to acquire major rival, US-based SDI Media, in transformative deal for media localization landscape. Continue reading
New Zealand-based Straker Translations taps into vast US market, buying translation services and translation management system provider Lingotek for up to USD 9.5m. Continue reading
Planned sale of Capita Translation and Interpreting (Capita TI) and other non-core, specialist divisions of UK outsourcing giant Capita plc put on hold during Covid-19 pandemic. Continue reading
US-based media localization provider Deluxe acquires UK-based Sundog Media Toolkit, a cloud-based SaaS workflow platform for media mastering and versioning. Continue reading
UK startup Papercup’s latest round brings total funds raised to USD 14m since 2017 launch. Future applications could include lip-syncing and real-time human conversations across many languages. Continue reading
Australia-listed captioning, transcription, and translation provider Ai-Media acquires two US-based rivals, Caption IT and CaptionAccess, to strengthen presence in North America. Continue reading
AI21 Labs, maker of Wordtune, raises USD 25m in funding. Brings total funds raised to USD 34.5m, after previous 2019 seed round. Both rounds led by Israel-based VC, Pitango First. Continue reading
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
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