Here’s How Much LanguageLine’s Owner Paid for Capita TI
Teleperformance reveals how much it paid for Capita TI, praises LanguageLine’s “efficient business model,” and highlights a new record for video interpreting minutes in 2022.
SlatorCon Zurich is now SOLD OUT — See you on October 4th!
Capita TI
DeepL’s Unicorn Round, USD 15 Million Translation Client, Bank Builds MT In-House
DeepL’s mega-round, LanguageLine buys Capita TI, Straker’s biggest client extends contract, machine translation at Europe’s second-largest bank, and Descript raises USD 50m.
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.
Capita Translation and Interpreting Outperforms Group in 2020
Capita Translation and Interpreting (Capita TI) saw 150% increase in remote interpreting platform use in 2020, as localization and translation revenues grew 5%.
Capita Pauses Sale of Translation and Interpreting Unit During Pandemic
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.
The Most Popular Language Industry Stories of 2020
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.
thebigword, Capita TI, translate plus File 2019 Financials, Give Covid Update
Three UK-based language service providers — thebigword, translate plus, and Capita TI — finally filed 2019 financials in September and October 2020, with mixed results.
UK Selects 20 Language Service Providers for USD 100m Contract
Purchasing consortium ESPO names 20 winners of four-year contract. Framework largely for over-the-phone interpreting, virtual remote interpreting, and in-person interpreting.
UK Plans Translation and Interpreting Mega-Tender
UK Crown Commercial Service plans to run GBP 110m translation and interpreting tender; asks for input from suppliers via survey and webinar.
Slator Job Index Edges Up Slightly in March 2020
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.
Capita Plans to Sell Translation and Interpreting Business, UK Media Reports
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.
After Watchdog Fine, Norway’s Police Opens Bidding for Nationwide Interpreting Contract
Norway launches nationwide interpreting framework contract after police fined by procurement watchdog for awarding contracts without properly notifying potential bidders.
UK Gives Heads Up on USD 100m Translation and Interpreting Contract
UK’s ESPO announces a fresh public sector contract worth up to USD 100m for translation and interpreting services as previous framework contract nears expiry.
The Post-Deal Lives of Over 100 LSP Owners Who Sold Their Business
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
thebigword closes in on USD 100m as Revenues Jump 28%
thebigword posts full-year 2018 revenues of nearly USD 100m and EBITDA of USD 5.9m, as growth is boosted by Ministry of Justice contract and defense business. Company launches new video remote interpreting (VRI) capabilities to expand interpretation offering.
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