DEMAN Übersetzungen has been snapping up small LSPs around Europe, but its latest France-based acquisition has a Korean hub as well; CEO on plans to double sales and further M&A in 2022.
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain.
STAR7 continues strategic M&A, buys Italian language service provider, Vertere, in USD 0.8m deal after last year’s IPO in Milan.
As AI is booming, the world’s largest natural language processing conference doubled in size this year and attracted 2,500 researchers. Global tech companies came looking for fresh talent. And research teams from across the globe battled it out on shared machine translation tasks.
How two freelance translators from Switzerland and Ukraine manage tight deadlines, stagnant prices, tool overload, and still clear their heads to turn that source material into a target text that flows like an original.
EUR 34m translation contract covers a whopping 522 possible language combinations for draft text regulations, notifications, and exchanges on a Member State communication system.
Should RWS rebrand Trados or leave the name as is? Would you let AI convert your bullet points into text? Are 20,000 LSPs in the dying zone? Holiday plans for LSPs and freelancers.
RWS reports stable earnings in its last full-year set of figures prior to SDL inclusion. Plans to rebrand and create four new divisions, housing a mix of RWS and SDL business lines.
SDL exceeds forecast by posting 2019 revenues of GBP 376.3m. CEO explains how the company moved to remote work and details cost cuts as pandemic impact looms.
Mergers and acquisitions helped the biggest LSPs get even bigger; AB5 prompts protests; bankruptcy, layoffs, and a canceled contract; and new standards for interpreters.
SDL is poised to reap the rewards of a three-year transformation and a swift and skilful one-year integration of Donnelley Language Solutions.
Slator Language Industry Job Index (LIJI), which tracks how employment activity is trending across the global language industry, hits record levels in August 2019.
Trados founder Jochen Hummel discusses the demise of the product category he helped create, what has delayed full NMT disruption, and what’s next for human translators.
Germany-headquartered LSP Transline Gruppe buys Italy-based Interlanguage and local rival Medax, gains medical, video and marketing translation expertise.
Features 23 buyer profiles along industry verticals including buyer name, translation volume and / or spend (where available), technology used, sourcing approach, other key insights.
SDL swings to a full-year loss of GBP 30.7m after booking a GBP 33m impairment charge on non-core businesses it seeks to sell. Language Services unit softens the blow and reports record profits. Trados litigation settled.
Dutch Concorde Group promotes Raymond de Groot as new CEO. Speaking exclusively with Slator, de Groot discusses results for 2015, the big impact of a major new government contract, and his plans for growth.
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