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
Hong Kong financial printing and document services company HeterMedia buys 22% stake in Luxembourg-based translation management system Wordbee for EUR 1m. Continue reading
IYUNO Media Group and BTI Studios combine forces to become (the new) IYUNO Media Group in a merger that will have a major impact on the media localization landscape. Continue reading
Germany-based language service provider lengoo secures EUR 6.0m in Series A funding, targets scale with NMT and post-editing for mature enterprise customers. Continue reading
Language service provider TransPerfect acquires game localization specialist MoGi Group to expand within the highly specialized and growing niche. Continue reading
Naxicap exits European language service provider Acolad. Private equity fund Qualium Investissement takes minority stake as Acolad CEO’s family reinvests to become majority owner. Continue reading
With its MT and post-editing toolkit for developers, web and app localization startup Lang gets USD 150,000 in initial funding from business incubator Y Combinator. Continue reading
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
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