Aglatech14 welcomes a new Interim COO, Global Lingo and Metafraze each appoint new Directors for Business Development, ONCALL hires a new Operations Manager for its Translation department, and CyraCom gets a new CFO. Continue reading
CyraCom
Cyracom Chairman and CEO Jeremy Woan talks at SlatorCon San Francisco 2018 about how RFP due diligence is becoming ever more stringent, why video interpreting’s adoption is a conundrum, and how commoditization would affect the industry. Continue reading
The number of US residents who speak a language other than English at home has doubled since 1990 to 66.6 million people. Spanish dominates but other languages growing too. Diversity drives language services demand. Continue reading
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Hot take on SlatorCon San Francisco 2018. A rundown of main themes and speakers from Slator’s one-day flagship event for the language industry including photo gallery. Continue reading
Inc’s list of the 5,000 fastest growing private companies in the US is out for 2018. Six language service providers could not hold on to their spots in 2017 and were replaced by six other companies this year. Continue reading
San Francisco startup Boostlingo has secured USD 3.4m in Series A funding to build out its delivery platform for interpretation services including capabilities for both onsite and remote interpreting. Continue reading
As technology is boosting productivity and changing buyer expectations, dropping unit prices presents opportunities to vendors that bring the tech, specialization, and size to seize them but it is an existential threat to generalists lacking focus. Continue reading
The Parkland Health and Hospital System in Dallas, Texas is on a recruitment drive, seeking to double the size of their existing in-house team of Spanish interpreters in a million dollar plus cost saving initiative. Continue reading
After acquiring SimulDirect, Cadence shifts focus from on-site to remote simultaneous interpretation; joins 500 Startups accelerator program. Co-founder says they will use program’s Demo Day to launch new fundraising round in May. Continue reading
Chairman of French Teleperformance Daniel Julien puts his money where his mouth is; buys Language Line for USD 1.5bn. CCO of thebigword not surprised at purchase price, while ATA president says too soon to draw conclusions. Continue reading
Paris-based call center behemoth Teleperformance buys US over-the-phone interpreter LanguageLine. Price tag of USD 1.5bn makes the transaction, by far, the largest in the language service industry to date. Continue reading
Over 20 language service providers make Inc.’s annual list. Pennsylvania’s GLOBO explodes onto the scene with 2,844% growth over the past three years, as TransPerfect and CyraCom manage to maintain growth on a much higher revenue base. Continue reading
Data from over 80 proposals submitted to the US Government’s General Services Administration (GSA) reveals a wide disparity in translation pricing. Offers range from USD 0.09 to USD 0.57 per word. Virginia tops the vendor HQ list with New York and California the runners-up. Continue reading
Private equity firm Abry Partners said to look for buyers for language service provider LanguageLine, which recently completed successful debt refinancing and was upgraded by Moody’s to B2. Continue reading
CyraCom is riding the virtual remote interpretation boom, opening a new contact center in Florida just eight months after a 300-seat NY office. Continue reading
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