The Slator Switzerland 250 Language Service Provider List
List of 250 Swiss-based language service providers registered as a corporation (AG) or limited liability company (GmbH).
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List of 250 Swiss-based language service providers registered as a corporation (AG) or limited liability company (GmbH).
Lionbridge CEO John Fennelly says he has no comment at the moment about reports that private equity firm HIG is exploring an IPO of Lionbridge in Australia. On 2018, Fennelly highlights a momentum in AI business and a return to growth in the core localization business.
Zurich-based remote interpretation startup Interprefy has raised CHF 0.5m in funding and is now valued at CHF 11.5m. Former CLS CEO departs board while CEO of partner company joins new non-exec director.
SDL’s Former Asia EVP, Richard Delanty, teams up with two SDL India veterans to launch Hong Kong-based language service provider Into23. Delanty explains how fast he plans to break-even, why he selected smartCAT, and why he thinks big LSPs don’t get Asia.
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.
European Central Bank announces winners of EUR 2.4m framework for translating 19 source languages into English. Estonian and Maltese still looking for vendors.
CEO of Zurich-based Supertext relocates to Los Angeles to develop the company’s business with US clients. Revenues increased by 25% this year and are set to hit USD 8m in 2016.
Mixed quarter for Lionbridge, as new wins from clients in regulated industries, manufacturing, and government are offset by a decline in enterprise IT. CEO sees new opportunities in over-the-phone interpretation and crowdsourcing for NLP and speech.
Competing on Lionbridge-owned CLS Communication’s home turf, former CLS CEO Matthias Trümpy launches SwissGlobal Language Services, assembles team of former CLS and Translation Probst executives.
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.
Another language service provider goes to private equity, as Northern Pacific Group emerges as the financier behind the Merrill Translations buyout. The M&A race for mid-sized LSPs is set to heat up.
CEO Rory Cowen says Lionbridge continues to reduce reliance on technology buyers, as non-technology accounted for 46% of 2015 revenues. 2016 growth projected at 5-8%.
Only a handful of language service providers are realizing the potential of incorporating virtual data room partnerships and technologies into their offering and picking up extra volumes.
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