As markets are trending sideways in 2018, a handful of language services and technology providers in media localization and language data managed to outperform the markets. Continue reading
Welocalize
New language service providers are being launched at a record clip in the United Kingdom with 2018 on track to eclipse 2017 as the most active year for new incorporations. Continue reading
Will TransPerfect defend the number one position in 2018? And why are Anglo-American LSPs dominating the Slator LSPI? What will Brexit mean for English use in the EU? Any why buyers choose to bring more of the supply chain in-house. Continue reading
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UK-based language service provider D.A. Languages has received a GBP 3m cash boost from a regionally focused fund run by private equity firm Foresight Group. Continue reading
As language service providers expand across more of the localization supply chain, language technologies can be barriers for LSPs to these growth segments. Customer segmentation and industry focus are now shaping the way that LSPs choose to invest in language technologies. Continue reading
Slator launches the 2018 Slator Language Service Provider Index (LSPI). The index comprises the largest language service providers worldwide with aggregate 2017 revenue of USD 4.7 billion derived from services such as translation, localization, language technology, interpretation, subtitling, dubbing, and related services. Continue reading
Anna Schlegel, one of the language industry’s most high-profile personalities and NetApp’s Senior Director of Globalization Programs and Information, talks about how she and her internal team collaborate with more than a dozen vendors to bring NetApp to 150 countries. Continue reading
Welocalize hires veteran executive Ashwin Bhatia from listed giant Wipro into its top brass as Chief Services Officer. Bathia considers execution key in gaining an edge in the hyper-competitive language industry and advocates partnerships in tech. Continue reading
XTM International hires a senior solutions architect while CLS 4-Text and Alsun Translation Services appoint a vendor manager and a business development manager, respectively. Four senior managers join Welocalize. Continue reading
RWS announces transformative acquisition of language services provider Moravia for USD 320m. Moravia to operate as an autonomous division. Combined firm’s annual revenues now around USD 400m, pre-tax profit at about USD 80m. Continue reading
New York-based Morningside Translations was sold to a group led by new co-CEOs Tom Klein and Roland Lessard. The duo discusses what attracted them to the language industry, how they intend to grow the business, and why they are in this for the long haul. Continue reading
CEO Tomas Kratochvil talks about competitors, how he works with Moravia’s private equity investors, why he has yet to do a major acquisition, and what impact neural MT is having on business. Continue reading
Goldmans Sachs halts US IPO work for HNA Pactera on governance concerns as Pactera continues to seek new capital for expansion. Move may have have implications for Pactera’s localization unit. Continue reading
Argos Multilingual appoints a new VP for Global Sales, and The Language Group, a new Senior Vice President and General Manager; Welocalize hires new Directors for Business Development. Meanwhile, WordPower recruits a Localization Division Manager in Italy. Continue reading
The language services industry is experiencing an M&A boom with over 50 acquisitions announced since the beginning of 2016. At SlatorCon London, investment banker Simon Baertl shared his view on why dealmakers like the industry. Continue reading
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