Transline, One of Germany’s Largest LSPs, Sold to Investment Firm Blue Cap
Germany’s Transline Gruppe swaps majority owners as former backer LEAD Equities exits via sale to investment firm Blue Cap. Transline founder retains significant minority.
Germany
Backed by Private Equity, Three German Language Service Providers Form T-Works
Private equity firm AUCTUS Capital backs merger of Ü-Werk, WOK, and Enssner into holding company T-Works. Group employs nearly 200 full-time staff and plans further selective acquisitions.
Transline Acquires Fellow German LSP Micado Innovation
In its fifth acquisition to date, language service provider, Transline, acquires fellow German LSP, Micado Innovation; highlights increasing demand in building services, life sciences, medtech.
How A Mistranslation in Football’s Rules Was Fixed Just in Time for the World Cup
Hidden deep in the German version of the laws of the beautiful game was a mistranslation which could have caused confusion as FIFA introduced the Virtual Assistant Referee for the first time in a World Cup.
German Court Bars Translators From Outsourcing if They Run a Freelance Business
Germany’s Federal Fiscal Court rules that translators only get to enjoy the tax breaks simplified accounting, and other admin perks that come with qualifying as a freelance business if they do all the translation themselves. A two-person agency that outsourced work was hit with back taxes.
Slator Interpreting Services and Technology Report
60-page report on the growth industry of interpreting, featuring analysis by mode, setting, geo, buyers, business use cases, RSI, OPI, VRI. Incl. market size estimate.
German LSP t’works Buys France’s Lexcelera
Germany’s t’works Group acquires Paris-based language service provider Lexcelera. Group revenues forecast to grow 26% in 2021 to USD 23m.
Pay Raise for Germany’s Judicial Translators and Interpreters Criticized as Inadequate
Update to Germany’s Judicial Remuneration and Compensation Act sees rates rise for translators and interpreters. Industry association BDÜ criticizes changes as inadequate.
State of the Language Services Industry in Germany 2020 Report
The State of the Language Services Industry in Germany 2020 will be unveiled at the networking event hosted by Qualitätssprachendienste Deutschlands association
Experts Defend ISO Standard for Legal Translation
After German committee rejects new ISO standard for legal translation, experts speak up on why they think the industry needs ISO 20771.
Apostroph Group Tucks in Boutique Language Service Provider USG in Switzerland
DACH-region language service provider Apostroph Group acquires boutique rival USG Übersetzungs-Service AG in Switzerland in early 2020 deal.
German LSP lengoo Raises EUR 6.0m Series A from Redalpine, Angel Investors
Germany-based language service provider lengoo secures EUR 6.0m in Series A funding, targets scale with NMT and post-editing for mature enterprise customers.
New DeepL CEO on Customer Service and Human-in-the-Loop Translation
Interview with new DeepL CEO Jaroslaw Kutylowski about Europe focus, customer service, and the role of professional translators as machine translation improves.
Toptranslation CEO: ‘The Future Belongs to Tech-driven Language Service Providers’
The three success factors for Language Service Providers processing growing volumes of digital text in smaller batches and with shorter turnaround times.
Transline’s DACH Expansion Continues in Two New Boutique Acquisitions
Germany-headquartered LSP Transline Gruppe buys Italy-based Interlanguage and local rival Medax, gains medical, video and marketing translation expertise.
Record Number of Patent Applications Drive Translation Demand
Increase in patent applications drives translation demand. Over a quarter million patent applications filed with WIPO in 2018; Asia and the US top the list.
Germany’s Justice Ministry Benchmarks Translation and Interpretation Pricing
Germany’s Federal Ministry of Justice and Consumer Protection (BMJV) in February 2019 published the results of a survey that revealed rates charged by the country’s translators, interpreters, and language service providers (LSPs).
Here Are Germany’s 500 Language Service Providers
Germany remains one of the most fragmented language services markets in the world. Here is a list of the country’s 500 language service providers that sheds some light on who competes in this attractive market.
Xplanation Acquires Germany’s Matrix Communications
Belgium-based Xplanation gets second German hub with acquisition of Munich-based LSP Matrix. CEO Steven Van Lint pegs consolidated revenue at EUR 25m; says Matrix founders will stay on board as COO and CTO of combined organization.
German Translator’s EUR 100,000 Per Year Story Triggers Heated Debate
Feature on freelance translator in German weekly newspaper’s series on where university graduates should start a career in triggers fierce debate on rates, payment terms, and translation speed.
Balancing the Price War: New BDÜ Chapter Chair on Market Trends
Ricarda Essrich, named First Chair of North Rhine-Westphalia Chapter of Germany's BDÜ, speaks on the fast changing freelance environment, alarming price developments, and emerging opportunities through technology.
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