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
AI support services startup Scale AI uses a combination of crowd and automation to label data incl. NLP, putting it in direct competition with Appen and Lionbridge. Continue reading
Backed by big China tech, language data startup UTH International raised a Series C, bringing total funds raised to about USD 30m. Continue reading
LSP Interlex takes 60% stake in Grata, a boutique LSP in the highly fragmented Estonian market. Continue reading
Korean language services and data company Flitto raises USD 23m in IPO on electronic trading platform Kosdaq, Korea’s answer to Nasdaq; CEO heralds “AI boom era.” Continue reading
Financial machine translation company Lingua Custodia raises USD 1.3m with help of angel investor platform; plans to open new office in European fund hub Luxembourg. Continue reading
DACH-focused LSP Wieners + Wieners / Apostoph acquires boutique LSP in Munich, still sees lots of potential amid fragmented local markets. Continue reading
Jakarta-based natural language processing startup Halosis raises USD 1.2m angel investment to scale Bahasa Indonesia and local dialect chatbot tech. Continue reading
Chinese language technology and voice recognition company iFlytek raises over two billion yuan from state actors, including a railway development fund and a provincial “VC” fund. Continue reading
First, Appen. Now, Flitto. Language data startup Flitto, which is about to list on Korean electronic trading platform Kosdaq, has attracted high, early demand for shares. Continue reading
Serial acquirer Acolad buys Livewords in a move to further consolidate the language industry in Western Europe. Continue reading
Undeterred by the 2016 ULG saga, industry veteran Jeff Brink teams up with a private equity firm to buy Florida’s ProTranslating and launch a buy-and-build strategy. Continue reading
TransPerfect cuts annual interest bill by USD 15m as it refinances loan used to secure sole ownership for Phil Shawe. CEO says there are sufficient funds for major acquisition. Continue reading
In its latest deal, Straker Translations could pay up to USD 2.1m for Spain-based boutique language service provider, On Global Language Marketing, to expand its presence in Europe. Continue reading
Welocalize acquires UK-based digital media buying agency Search Star, complementing its existing digital marketing offering. Continue reading
Remote simultaneous interpreting company Interprefy valued at USD 21m as Swiss startup completes sixth and largest funding round. Continue reading
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