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
Korean machine translation startup, Bering Lab, closes seed round led by search engine giant, Naver; Bering CEO on their focus on legal and patent translation — and which sectors are next. Continue reading
Subtitling and dubbing provider Iyuno-SDI secures USD 160m from SoftBank Vision Fund 2, just weeks after completing transformative media localization acquisition. Continue reading
Sony sells New Media Solutions division to key supplier Deluxe, a major player in end-to-end media supply chain solutions, subtitling, dubbing, and media localization. Continue reading
Multilingual website tech company MotionPoint gets investment from private equity firm Lightview Capital. CEO Will Fleming shares post-deal growth plans. Continue reading
UK-based media localization company ZOO Digital raises USD 10.3m in oversubscribed share placement to grow internationally and develop “longer-range” R&D. Continue reading
KUDO raises USD 21m in series A, bringing total funds raised for the multilingual video conferencing startup to USD 28m. CEO Fardad Zabetian on the three things they plan to invest in. Continue reading
Hugging Face raises USD 40m series B to grow its natural language processing platform, which includes machine translation models. Continue reading
Media localization provider Iyuno completes acquisition of closest rival, SDI, in mega-deal; rebrands as Iyuno-SDI, now largest pure-play media localizer globally. Continue reading
Paris-based IP service provider, Questel, buys New-York based patent and life sciences specialist Morningside less than four years after Co-CEOs Tom Klein and Roland Lessard took over the LSP. Continue reading
Language I/O raises USD 5m; CEO says funds will be used to hire more data scientists to expand machine translation platform beyond customer support. Continue reading
Germany’s t’works Group acquires Paris-based language service provider Lexcelera. Group revenues forecast to grow 26% in 2021 to USD 23m. Continue reading
UK-based VSI Group acquires Brazil-based media localizer Vox Mundi. VSI Managing Director, Norman Dawood, on Latin American market growth, challenges, and Covid impact. Continue reading
BLEND, formerly One Hour Translation, closes USD 10m round led by VC Fortissimo Capital based on expansion to all-in-one localization. CEO Yair Tal says company ‘expected to grow 150% in 2021.’ Continue reading
Multilingual e-commerce content provider, Quill, integrated into marketing agency Jellyfish. Quill founder Ed Bussey joins Jellyfish as Chief Solutions Officer. Continue reading
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