TransPerfect buys San Francisco-based TranslateNow in first acquisition since legal battle ended. Sales up 21% to USD 275m in first five months of 2018 as execs who had left in protest over Lionbridge bid begin to return. Continue reading
M&A and Funding
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
Summa Linguae CEO Krzysztof Zdanowski teams up with TextMinded’s former CIO Robert Etches in an attempt to raise up to USD 30 Million by issuing a new cryptocurrency to fund a blockchain-based marketplace for linguistic assets. Continue reading
UK-based language service provider D.A. Languages has received a GBP 3m cash boost from a regionally focused fund run by private equity firm Foresight Group. Continue reading
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UK-based LSP The Translation People has acquired Cicero for an undisclosed amount, adding GBP 0.55m in revenues to its 2017 totals of GBP 5.1m. Continue reading
Holland-based Livewords picks up another small generalist language service provider in its home market. The deal marks second acquisition since rebranding from Concorde to Livewords. Continue reading
Delaware Supreme Court rejects appeal and clears the way for sale of TransPerfect to co-founder and co-CEO Phil Shawe. Transaction expected to close on May 7, 2018. Continue reading
Leading Chinese Internet company focuses on online education to tap the monetization potential of their machine translation capabilities. Among the investors is the venture capital arm of Lenovo’s holding company. Continue reading
UK-based EIKON receives investment by private equity fund YFM to finance expansion in the US and technology development as deal-making in media localization heats up. Continue reading
SoftBank Ventures puts USD 23.5m into Singapore media localizer IYUNO Media Group. Continue reading
After Translation Probst and Arancho Doc, Technicis acquires fellow France-based language service provider Textmaster, as CEO Benjamin du Fraysseix accelerates deal making. Continue reading
LanguageWire acquires fellow Denmark-based software company Frontlab, adding additional feature to its proprietary TMS and productivity technology. LanguageWire CEO says LSPs that currently use Frontlab will not experience any difference. Continue reading
ULG acquired legal and compliance specialist VIA and continues to execute its acquisitions-led growth strategy. Legal dispute between founder Brink and ULG resolved. Continue reading
Semantix consolidates its grip on the lucrative Nordic market by acquiring Norway’s Amesto Translations. With the deal Semantix continues to diversify away from interpretation into translation. Continue reading
SDL posts annual results for the full-year 2017. CEO and Chairman call financial performance “frustrating” and “disappointing” but are confident the company’s root and branch transformation has laid the groundwork for a stronger 2018. Continue reading
Paris-based multilingual content platform Datawords completes its second acquisition in three years with the digital marketing firm Vanksen. Datawords generated 2017 revenues of USD 65m. Continue reading
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