Dutch translation agency, Vertaalbureau Perfect, gains B-Corp certification while consistently achieving high customer ratings. Scores highest in way it treats employees, ethics, transparency, etc.
Localex had to adapt to the “new-normal” variations in order to ensure business continuity and establish operational resilience.
Larger language service providers will be able to qualify for small business set-asides and loans under the higher receipts-based threshold proposed by the Small Business Administration (US SBA).
In a creative coup for an LSP, Rome-based Translated produces a 2-minute film with an award-winning crew. Set in the idyllic Italian countryside, the film features Lara, a young girl with a rare gift.
Flitto provides multilingual corpus, speech, and image data to train AI engines in 25 different languages, covering a number of domains including conversational, colloquial, and medical.
The world’s most valuable listed language service provider RWS posts small decline in revenues in H1 FY 2020 and updates investors on impact of coronavirus pandemic.
Founders of legal language service provider Geotext sue Lionbridge, alleging revenues were understated when calculating payments owed them after 2015 acquisition.
2019 Queen’s Award winner Language Insight appoint Federica Meacci as Strategic Director in order to continue their rapid rate of growth and expansion.
Listed front runners Rozetta and Appen deliver major share price gains as half of all listed language service providers fall short of S&P 500 benchmark performance.
New partnership allows TRSB to enter the M&A race; founder takes on strategic role as longtime VP of Business Development Mary Kazamias is named CEO.
Michal Antczak, Head of Localization Technology at PayPal, urges SlatorCon Amsterdam 2019 attendees to think beyond standard pitches and customize solutions for end users.
Lionbridge hires former Moody’s CIO, Tony Stoupas, as Chief Technology Officer. Stoupas will oversee global technology, development, and information security.
LSP Carmazzi Global Solutions files for bankruptcy in wake of litigation with US Social Security Administration. Vendors left unpaid.
London-based provider of media localization and end-to-end content services TVT Media files for insolvency following the failure of Dutch subsidiary DMC, which it acquired in 2017.
Over 400 linguists responded to the CIOL Insights survey, shedding light on their sources of income, relationships with language service providers, and concerns about fair pay.
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