Should LSP go beyond loc? And how do language industry pros see their job prospects, what social network is best for loc news, and what’s their view on the interpretation market?
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
The Slator 2019 Language Service Provider Index features the largest LSPs in a Leaders Index and the midfield in a Challengers Index.
After legal and digital marketing, Welocalize pushes into life sciences with the acquisition of Nova Language Services, adding another roughly EUR 5m in revenues to its group of companies.
Companies jostling to increase their digital footprint often find that internationalizing websites is no easy task. It’s not just translating website copy from one language to another. “Transcreation in digital marketing is different in that everything is measurable and everything can be tracked, therefore everything is accountable.”
Digital Marketing is next on Welocalize’s shopping list, as the private-equity-owned language service provider buys London-based digital marketing agency Traffic Optimiser and rebrands it to Adapt Worldwide.
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