Shares in RWS Drop on First-Half 2023 Trading Update
Shares in UK-listed RWS fell 16% in one day following the release of a trading update, in which RWS said it expects a double-digit decline in adjusted pre-tax profit in the first half of FY23.
Language Industry (Artificial) Intelligence — Slator Answers
Shares in UK-listed RWS fell 16% in one day following the release of a trading update, in which RWS said it expects a double-digit decline in adjusted pre-tax profit in the first half of FY23.
At SlatorCon Remote December 2022, Michael Rosman and Elizabeth McCullough discuss service delivery opportunities, risks, and barriers to entry.
Summa Linguae acquires fellow Poland-based LSP, Get It. Looks to build out capacity via more M&A, not only in localization but also NLP, data-for-AI, now main source of revenue.
Clinical research organization, Clario, invests in proprietary translation technology in hopes of reducing translation turnaround times by up to 30%. LSPs should take note.
RWS released results for the six months ended March 31, 2022; revenues at USD 466m, profit up 20% to USD 75m.
Toppan Digital Language acquires second London LSP in a row, TranslateMedia; expects to triple in size in 2022, and lead translation market for high-risk and regulated sectors in two years.
Watch memoQ's Life Sciences Round Table discussion on the topic of data protection and privacy in the context of translation workflows
Life sciences and clinical trial translation agency Conversis buys regulatory and drug safety specialist Zebra Translations, as two boutique life sciences LSPs join forces in the UK.
Life sciences could be slowly warming to machine translation, but not for all cases, a poll showed. Mixed views on YouTube enabling MT for comments; and the sudden interest in voice assistant tech.
Toppan Digital Language completes first M&A with acquisition of fellow London LSP GlobaLexicon. President Christophe Djaouani shares candid take on current M&A environment.
Toppan Digital Language Ltd has acquired GlobaLexicon Ltd, a leading provider of language solutions with operations in the United Kingdom, Europe, and North America.
US-based clinical research provider WCG acquires VeraSci, a provider of e-clinical software and translation, for USD 330m; plans Nasdaq IPO.
TransPerfect reports best-ever quarter en route to USD 1bn in annual revenues; Welocalize buys medical devices specialist NLG; Slator 2021 Video Localization Report sneak peek.
Super agency Welocalize acquires German-based language service provider NLG to expand medical devices portfolio and boost revenues in life sciences to ca. USD 50m.
US-based language service provider, Big Language Solutions, acquires London-based life sciences specialist, Dora Wirth Languages (DWL).
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