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 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
Dating powerhouse Match Group (Match.com) makes biggest purchase to date: Korean tech startup Hyperconnect; pays USD 1.73bn or about 8.6x 2020 revenues for app built on Google Translation API. Continue reading
After nearly two decades of bootstrapped growth, translation management system provider XTM sells majority stake to California-based software investor K1 Investment Management. Continue reading
Berlin-based startup Lengoo raises USD 20m Series B on thesis that custom machine translation combined with human-in-the-loop service can outcompete incumbent language service providers. Continue reading
US-based interpreting and translation provider Ad Astra acquires boutique Canadian LSP MontLingo to expand in translation and target Canada’s “under-served” interpreting market. Continue reading
Across Systems sells to Volaris Group. Managing Director Gerd Janiszewski on the timing behind the deal, his candid take on the TMS market, and the M&A and funding wave sweeping across the segment. Continue reading
At startup Descript, translation is one of the most requested features. Descript’s technology may offer interesting new opportunities for LSPs to expand their offering in media content. Continue reading
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
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