Italian language industry association AITI conducted a survey of over 500 translators and interpreters, and published its findings on rates, income and technology use, and more. Continue reading
Across
Private equity owned Wieners+Wieners/Apostroph Group continues its Buy and Build strategy focused on the so called D-A-CH region and acquires med-tech focused LSP LÓPEZ-EBRI. CEO projects pro-forma revenues 2018 to come in just under USD 30m. Continue reading
Another Swiss-based language service provider changes hands as more and more outside competitors move into the high-priced Swiss market. Apostroph CEO Philipp Meier to remain and become shareholder in combined group. Continue reading
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More than half the tools used by technical translators in Germany are developed by SDL; while challengers, such as Kilgray and Across, also make a strong showing. More recent entrants into translation productivity market almost entirely absent. Continue reading
In first transaction since bringing on Austrian private equity fund, Transline buys out translation unit of marketing agency KE-Communication. Founder and CEO tells Slator deal kicks off buy-and-build strategy and comments on Across hiring a senior Transline manager as CEO. Continue reading
Translation management system SmartCAT, a spinoff from ABBYY Language Solutions, closes USD-2.8m seed round from venture fund with ties to Russia’s largest Internet company. Continue reading
London’s translate plus releases results for 2015 financial year with revenues broadly flat and EBITDA slightly down. Director Robert Timms says current financial year to deliver strong top and bottom line growth when the books are closed end of August 2016 Continue reading
Hamburg-based advertising and marketing language service provider Wieners+Wieners sells majority stake to private equity firm ECM. Former Managing Partner and now Member of the Advisory Board Hermann Wendelstadt tells Slator the company is not in a hurry to do deals but acquisition focus will be on Germany, Austria, and Switzerland. Continue reading
Debut deal for Spain’s SeproTec as it buys Krakow-based Lidolang in bid to expand production. SeproTec CEO Juan Julián León discusses the rationale behind the acquisition and his plans for the combined group. Continue reading
As it prepares to list as a separate company, Donnelley Financial discloses that its translation business generated over USD 80m in 2015; names TransPerfect, Lionbridge, Moravia, Hogarth, Across, Welocalize, Sajan, Smartling, Memsource, and others, as key competitors. Continue reading
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. Continue reading
A roundup of recent appointments to business development and marketing positions at Capita TI, Lionbridge, LanguageLine, Across, CSOFT, oneword, Memsource, SeproTec, TextMaster, and others. Continue reading
New CEO outlines organic growth strategy, projects 2015 revenues of €8.7M and EBITDA of €600,000. Continue reading
Across Systems will venture into translation marketplace intermediation for end-clients, language service providers, and freelancers. Will LSPs like the transparency? Continue reading
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