Teleperformance reveals how much it paid for Capita TI, praises LanguageLine’s “efficient business model,” and highlights a new record for video interpreting minutes in 2022.
French call center giant Teleperformance highlights steady development of interpreting specialist subunit, LanguageLine, in third quarter results.
DeepL’s mega-round, LanguageLine buys Capita TI, Straker’s biggest client extends contract, machine translation at Europe’s second-largest bank, and Descript raises USD 50m.
LanguageLine, the language services sub-unit of French call center giant Teleperformance, purchases UK-based LSP Capita Translation and Interpreting (Capita TI) from Capita plc.
Launched in 2018, Jeenie pivoted during the pandemic from international tourism to healthcare, and raised a US 9.3m series A on a gig-economy-meets-marketplace business model.
While the overall language industry put in an exceptionally strong year, investors in listed LSPs and companies operating LSP units were handed a decidedly mixed bag in 2021.
LanguageLine parent company says first-half performance, including interpreting provider’s 22.5% growth, ‘far exceeds’ a mere return to pre-Covid growth.
Charts and analysis of the fastest growing LSPs and growth leaders in the Slator 2021 LSPI, plus main demand and growth drivers.
French parent company Teleperformance lauds LanguageLine for being ‘particularly resilient’ during the pandemic in full-year 2020 results; adds 2,600 ‘offshore” interpreters to the workforce.
Interpreting provider LanguageLine Solutions enjoys “robust growth”; while Japan’s largest LSP, Honyaku, forecasts better-than-expected results for first half.
Teleperformance buoyed by interpreting provider LanguageLine’s strong first half of 2020 as virtual remote interpreting benefits from telehealth boom and boosts top line and margins.
Purchasing consortium ESPO names 20 winners of four-year contract. Framework largely for over-the-phone interpreting, virtual remote interpreting, and in-person interpreting.
Here’s what happened at some of the largest language service providers during months of lockdowns and disruptions.
US public health insurance program Medicare expanded coverage of medical services furnished via telehealth from March 6, 2020. Interpreting service providers react.
We surveyed the response of language service providers from across the globe to the Covid-19 pandemic. Here’s what we found.
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