LanguageLine Buys Capita Translation and Interpreting
LanguageLine, the language services sub-unit of French call center giant Teleperformance, purchases UK-based LSP Capita Translation and Interpreting (Capita TI) from Capita plc.
LanguageLine, the language services sub-unit of French call center giant Teleperformance, purchases UK-based LSP Capita Translation and Interpreting (Capita TI) from Capita plc.
Capita Translation and Interpreting (Capita TI) saw 150% increase in remote interpreting platform use in 2020, as localization and translation revenues grew 5%.
Planned sale of Capita Translation and Interpreting (Capita TI) and other non-core, specialist divisions of UK outsourcing giant Capita plc put on hold during Covid-19 pandemic.
Much of the industry flourished despite Covid, proving just how essential it is to commerce. Here are the most popular stories of a year that redefined life and work in the global language industry.
The Slator Language Industry Job Index (LIJI), which tracks how employment activity is trending across the global language industry, rose to 110.24 in March 2020.
At a price tag of GBP 200m+, UK outsourcing giant Capita plc is planning to sell nine of its Specialized Services business lines, including translation and interpreting.
UK-based Capita Translation and Interpreting posted revenues of GBP 16.6m and an operating profit of GBP 1.55m for 2017. CEO forecasts double digit EBITDA margins in 2018.
Capita TI buys technical documentation specialist ITR in domestic UK bolt-on acquisition, as sector consolidation among smaller translation niche players continues.
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