Language Industry Top Quotes of 2018
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2018 commented on a wide range of issues - here are our top picks.
Krzysztof Zdanowski
Poland’s Summa Linguae Buys Swedish LSP Kommunicera
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain.
Summa Linguae Acquires Language Data Provider Datamundi
Summa Linguae acquires Belgium-based language data provider Datamundi, which helps big tech clients build NLP systems, MT engines, and optimize search relevance.
USD 30 Million: Two LSP Execs Attempt Language Industry’s Biggest ICO Yet
Summa Linguae CEO Krzysztof Zdanowski teams up with TextMinded’s former CIO Robert Etches in an attempt to raise up to USD 30 Million by issuing a new cryptocurrency to fund a blockchain-based marketplace for linguistic assets.
Summa Linguae Posts Revenue Growth, Net Loss for 2017
Summa Linguae reported Q4 and FY 2017 revenue growth but suffered net losses in both periods. Consolidation costs from acquisitions continued to drag but they expect efforts to bear fruit soon.
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Summa Linguae Reports Strong Q3 2020 Growth as Data Services Take Off
Language service provider Summa Linguae Technologies grows 114% in Q3 2020, including acquisitions. Data annotation business triples.
Earnings Wrap: Summa Linguae Booms, Honyaku Plunges, Lingo24 Gloomy for 2020
Data annotation and life sciences drive Summa Linguae’s Q2 growth. Honyaku Center gets clobbered as interpreting business is wiped out. Lingo24 provides a gloomy forecast for 2020.
The State of the Language Industry as Coronavirus Goes Global
How has the rapid spread of coronavirus affected the language industry? And what are stakeholders doing to prepare for what lies ahead?
Top Language Industry Quotes of 2019
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2019 commented on a wide range of issues. Here are our top picks.
Summa Linguae Closes Two Deals and Completes Majority Sale to Private Equity
Polish LSP Summa Linguae closes deals to acquire two North American companies, Globalme and GlobalVision; sells 51% stake to PE firm V4C.
Summa Linguae to Acquire Canada-Based Localizer and Data-Annotator Globalme
In crucial step toward planned private equity sale, language service provider Summa Linguae signs deal to buy Canada-based localization and data annotation provider Globalme.
Private Equity Fund Set to Take Majority in Summa Linguae, Finance Two Acquisitions
Polish LSP Summa Linguae has secured backing from PE fund, Value4Capital, to finance acquisitions in the US and Canada. Deal sees fund taking majority in LSP.
Creator of Trados Joins Summa Linguae Board, Says CAT Tools Will Become Obsolete
Trados founder Jochen Hummel discusses the demise of the product category he helped create, what has delayed full NMT disruption, and what’s next for human translators.
Slator 2019 Neural Machine Translation Report—Deploying NMT in Operations
Through five case studies and nearly 30 commentaries from the buy (enterprise, government, and more)- and sell-side (LSPs), this report shines a light on the sentiment of industry practitioners towards current-state NMT technology.
Poland’s Summa Linguae Completes Merger with India’s Mayflower
After a 25% minority share swap back in mid-2016, Summa Linguae will 100% own Mayflower as they merge into a single company with USD 7m in revenues. Mayflowers owners gain significant shares within Linguae as the company seeks to solidify India as a market and expand into the US.
Summa Linguae Partners With Amplexor Veteran for Romania Expansion
Opting for a compromise between an acquisition and a greenfield office opening, Polish language service provider Summa Linguae teams up with Amplexor’s former Managing Director to launch a presence in Romania.
Summa Linguae Reports Q4 2015 Results
Poland’s Summa Linguae reports earnings jump in the fourth quarter 2015; but adjusted EBITDA down by 10.5% for the full year.
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