logo image
  • News
    • People Moves
    • Deal Wins
    • Demand Drivers
    • M&A and Funding
    • Financial Results
    • Technology
    • Academia
    • Industry News
    • Features
    • Machine Translation
    • — Divider —
    • Slator Pro
    • — Divider —
    • Press Releases
    • Sponsored Content
  • Data & Research
    • Research Reports & Pro Guides
    • Language Industry Investor Map
    • Real-Time Charts of Listed LSPs
    • Language Service Provider Index
  • Podcasts & Videos
  • Events
    • Email Marketing for Freelance Linguists
    • Preparing for the Critical Google Update Coming in May 2021
    • Design Thinking – February 2021
    • — Divider —
    • SlatorCon Coverage
    • Other Events
  • Directory
  • RFP Center
  • Jobs
MENU
  • News
    • People Moves
    • Deal Wins
    • Demand Drivers
    • M&A and Funding
    • Financial Results
    • Technology
    • Academia
    • Industry News
    • Features
    • Machine Translation
    • — Divider —
    • Slator Pro
    • — Divider —
    • Press Releases
    • Sponsored Content
  • Data & Research
    • Research Reports & Pro Guides
    • Language Industry Investor Map
    • Real-Time Charts of Listed LSPs
    • Language Service Provider Index
  • Podcasts & Videos
  • Events
    • Email Marketing for Freelance Linguists
    • Preparing for the Critical Google Update Coming in May 2021
    • Design Thinking – February 2021
    • — Divider —
    • SlatorCon Coverage
    • Other Events
  • Directory
  • RFP Center
  • Jobs

Register For Email Marketing for Freelance Linguists and Learn How To Win New Clients.

  • Slator Market Intelligence
  • Slator Advertising Services
  • Slator Advisory
  • Login
Search
Generic filters
Exact matches only
Advertisement
Livewords Buys Balance Translation in Yet Another Tuck-in Acquisition

3 years ago

May 18, 2018

Livewords Buys Balance Translation in Yet Another Tuck-in Acquisition

M&A and Funding ·

by Gino Diño

On May 18, 2018

3 years ago
M&A and Funding ·

by Gino Diño

On May 18, 2018

Livewords Buys Balance Translation in Yet Another Tuck-in Acquisition

Livewords, the largest language service provider (LSP) in the Netherlands, has acquired Balance Translation for an undisclosed amount. The deal sees Livewords continue its small, tuck-in acquisition strategy from the past two years. The company acquired legal specialist Engels & Partners earlier in 2018 and BB&TW in 2017.

Livewords acquired Balance Translation from Ron Theuns, who will become a Livewords Regional Director according to an email comment sent to Slator by Erik Mulder, Livewords’ Chief Commercial Officer. The acquisition gives Livewords an office in the Dutch city of Maastricht where Theuns is based. Mulder said they expect the integration to be completed in the fourth quarter of 2018.

The acquisition will likely give a modest boost to Livewords’ top line after the company took a small hit to year-on-year revenue growth for 2017 at a slightly negative -2.2%, according to the Slator LSPI (full year 2017 revenues stood at EUR 35m). Mulder told Slator they are seeing “healthy growth” in the current year.

Advertisement

Asked about the impact of the rapid progress of neural machine translation on Livewords’ business, Mulder said that they “mainly see the impact at the client level, depending on the intended use of the translations.”

“For some segments, neural machine translation has positive effects on translation speed and production,” he said, “while for other industries we still need highly educated industry professionals in order to be able to meet our quality demands.”

Slator 2019 Language Industry M&A and Funding Report

Data and Research, Slator reports
34-page report. Language industry M&A and startup funding. Transaction valuations, trade sales, financial backing, private equity influence, main rationale, seller verticals, geographical analysis, startup funding analysis.
$450 BUY NOW

TAGS

Alexandra HubarBalance TranslationErik MulderLivewordsRon Theuns
SHARE
Gino Diño

By Gino Diño

Content strategy expert and Online Editor for Slator; father, husband, gamer, writer―not necessarily in that order.

Advertisement

SUBSCRIBE TO THE SLATOR WEEKLY

Language Industry Intelligence
In Your Inbox. Every Friday

SUBSCRIBE

SlatorSweepSlatorPro
ResearchRFP CENTER

PUBLISH

PRESS RELEASEDIRECTORY LISTING
JOB ADEVENT LISTING

Bespoke advisory including speaking, briefings and M&A

SLATOR ADVISORY
Advertisement

Featured Reports

See all
Slator 2020 Language Industry M&A and Funding Report

Slator 2020 Language Industry M&A and Funding Report

by Slator

Slator 2021 Data-for-AI Market Report

Slator 2021 Data-for-AI Market Report

by Slator

Slator 2020 Medtech Translation and Localization Report

Slator 2020 Medtech Translation and Localization Report

by Slator

Pro Guide: Sales and Marketing for Language Service Providers

Pro Guide: Sales and Marketing for Language Service Providers

by Slator

Press Releases

See all
Iconic Launches INTRA Translation Platform

Iconic Launches INTRA Translation Platform

by Iconic

Pangeanic Is Now Certified to ISO 27001 Information Security

Pangeanic Is Now Certified to ISO 27001 Information Security

by Pangeanic

VSI Acquires Leading Brazilian Dubbing Studio, Vox Mundi

VSI Acquires Leading Brazilian Dubbing Studio, Vox Mundi

by VSI

Upcoming Events

See All
  1. Smartling - Global Ready Conference 2021

    Global Ready Conference

    by Smartling

    · April 14

    When you can't traverse the world, let the world come to you. Join our annual global event from home.

    More info FREE

Featured Companies

See all
Sunyu Transphere

Sunyu Transphere

Text United

Text United

Memsource

Memsource

Wordbank

Wordbank

Protranslating

Protranslating

Seprotec

Seprotec

Versacom

Versacom

Smartling

Smartling

XTM International

XTM International

Translators without Borders

Translators without Borders

STAR Group

STAR Group

memoQ Translation Technologies

memoQ Translation Technologies

Advertisement

Popular articles

Poland Rules on LSP Using Google Translate; Defines ‘Professional Translator’

Poland Rules on LSP Using Google Translate; Defines ‘Professional Translator’

by Marion Marking

Behind the Scenes of the European Parliament’s Pivot to Remote Interpreting

Behind the Scenes of the European Parliament’s Pivot to Remote Interpreting

by Seyma Albarino

Why Netflix Shut Down Its Translation Portal Hermes

Why Netflix Shut Down Its Translation Portal Hermes

by Esther Bond

SlatorPod: The Weekly Language Industry Podcast

connect with us

footer logo

Slator makes business sense of the language services and technology market.

Our Company

  • Support
  • About us
  • Terms & Conditions
  • Privacy Policy

Subscribe to the Slator Weekly

Language Industry Intelligence
In Your Inbox. Every Friday

© 2021 Slator. All rights reserved.

Sign up to the Slator Weekly

Join over 13,500 subscribers and get the latest language industry intelligence every Friday

Your information will never be shared with third parties. No Spam.