logo image
  • News
    • People Moves
    • Deal Wins
    • Demand Drivers
    • M&A and Funding
    • Financial Results
    • Technology
    • Academia
    • Industry News
    • Features
    • Opinion
    • — Divider —
    • Press Releases
    • Sponsored Content
  • Data & Research
  • SlatorCon
    • London 2019
    • — Divider —
    • Other Events
  • Jobs
  • Directory
  • RFP Center
MENU
  • News
    • People Moves
    • Deal Wins
    • Demand Drivers
    • M&A and Funding
    • Financial Results
    • Technology
    • Academia
    • Industry News
    • Features
    • Opinion
    • — Divider —
    • Press Releases
    • Sponsored Content
  • Data & Research
  • SlatorCon
    • London 2019
    • — Divider —
    • Other Events
  • Jobs
  • Directory
  • RFP Center

Download Slator’s New 2018 Language Industry M&A and Funding Report

  • Partner with Slator
  • Login
Advertisement
Semantix Appoints Patrik Attemark CEO as Anders Uddfors Steps Down

1 year ago

September 15, 2017

Semantix Appoints Patrik Attemark CEO as Anders Uddfors Steps Down

People Moves ·

by Eden Estopace

On September 15, 2017

1 year ago
People Moves ·

by Eden Estopace

On September 15, 2017

Semantix Appoints Patrik Attemark CEO as Anders Uddfors Steps Down

Swedish language service provider (LSP) Semantix appointed Patrik Attemark as CEO and Group President, taking the reins from Anders Uddfors, who has led the company since 2010. In a press release, Semantix’s Chairman Peter Carrick said Uddfors is leaving the company “at his own request.”

Carrick was also quoted as saying that during Uddfors’ nearly eight-year tenure, revenues tripled and profitability was improved. Semantix has emerged as the largest language service provider in the attractive Northern European market, which still offers a relatively high pricing level.

The surprise announcement focuses the spotlight on Uddfors’ 49-year-old successor, who will assume the position on October 2, 2017. Attemark is joining Semantix from Ambea Group, a provider of healthcare services in the Nordic region. Attemark currently heads its largest division, Nytida.

Advertisement

Prior to Ambea, he had been CEO and Group President of Solhagagruppen, a provider of disabled care services in Sweden, which the Ambea Group acquired in 2016. He also worked as Managing Director of Bisnode Kredit and InfoTorg within the Bisnode Group from 2007 to 2013.

Beyond Welfare

Semantix’s Chairman Carrick highlights the new CEO’s management credentials and IT background, singling out Attemark’s experience in “the welfare sector,” which is an indication of how important government-related business is to Semantix (e.g. providing interpretation services to recent immigrants). As fewer immigrants arrive in Sweden, and in the Nordics in general, Attemark will have a growth challenge on his hands.

Semantix has made headway in the private sector, however, winning, for example, an outsourcing contract with telco provider Telia Finland in April 2016. To accelerate growth in verticals other than government, Semantix acquired Denmark’s TextMinded in May 2017. Departing CEO Uddfors told Slator at the time that they are eyeing more acquisitions in the Nordic region and beyond.

Semantix is headquartered in Stockholm and majority-owned by the private equity fund Segulah. After the TextMinded acquisition, Uddfors projected full-year 2017 revenues to come in at around SEK 900m (USD 112.9m). The company employs about 430 employees.

A Semantix spokesperson told Slator that Attemark will be available to answer questions after starting his new position on October 2, 2017.

TAGS

Anders UddforsinterpretationPatrik AttemarkSemantixtranslation
SHARE
Eden Estopace

By Eden Estopace

IT journalist and Online Editor at Slator. Loves books, movies, and gadgets; writes for a living, but codes for fun.

Advertisement

SUSCRIBE TO THE SLATOR WEEKLY

Language Industry Intelligence
In Your Inbox. Every Friday

PUBLISH

PRESS RELEASEJOB AD

SUBSCRIBE

RFP Center
Advertisement

Featured Reports

See all
Slator 2018 Language Industry M&A and Funding Report

Slator 2018 Language Industry M&A and Funding Report

by Slator

Slator 2019 Neural Machine Translation Report—Deploying NMT in Operations

Slator 2019 Neural Machine Translation Report—Deploying NMT in Operations

by Slator

Slator 2018 Blockchain and Translation Report

Slator 2018 Blockchain and Translation Report

by Slator

Slator 2018 Media Localization Report

Slator 2018 Media Localization Report

by Slator

Press Releases

See all
Across Systems Presents New Major Release of its Across Language Server

Across Systems Presents New Major Release of its Across Language Server

by Across Systems GmbH

Smartling Announces 2019 Merger and Acquisition Strategy

Smartling Announces 2019 Merger and Acquisition Strategy

by Smartling

memoQ #1 TMS on SaaS 1000 Growth List

memoQ #1 TMS on SaaS 1000 Growth List

by memoQ

Popular articles

Inside the Brain of a Simultaneous Interpreter, Literally

Inside the Brain of a Simultaneous Interpreter, Literally

by Gino Diño

Why Netflix Shut Down Its Translation Portal Hermes

Why Netflix Shut Down Its Translation Portal Hermes

by Esther Bond

He Said, She Said: Addressing Gender in Neural Machine Translation

He Said, She Said: Addressing Gender in Neural Machine Translation

by Gino Diño

Upcoming Events

See All
  1. Translation Conference 2019 Warsaw
    Warsaw, Poland

    The Translation and Localization Conference 2019

    Sobieski Radisson Blu Hotel

    by TLC Conferences

    · March 29 - March 30

    Join the Translation and Localization Conference on 29-30 March 2019 in Warsaw, Poland

    More info €65-370

Featured Companies

See all
Locaria

Locaria

Donnelley Language Solutions

Donnelley Language Solutions

Seprotec

Seprotec

Versacom

Versacom

KERN Global Language Services

KERN Global Language Services

SDL

SDL

Smartling

Smartling

Lingotek

Lingotek

XTM International

XTM International

Smartcat

Smartcat

Memsource

Memsource

Translators without Borders

Translators without Borders

Wordbee

Wordbee

STAR Group

STAR Group

memoQ Translation Technologies

memoQ Translation Technologies

Translia

Translia

Welocalize

Welocalize

Advertisement

Featured Jobs

See all
Country Manager — Germany

Country Manager — Germany

Berlin, Germany

Assistant Professor of Localization and Translation

Assistant Professor of Localization and Translation

Ogden, UT, United States

Slator Conference Producer

Slator Conference Producer

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

Suscribe to the Slator Weekly

Language Industry Intelligence
In Your Inbox. Every Friday

© 2019 Slator. All rights reserved.

Join Our Mailing List

Sign up for our Weekly Newsletter and Language Industry Updates Delivered Straight To Your Inbox.

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