RWS reports 33.6% revenue growth and projects pre-tax profits “ahead of market expectations” for its financial year ending September 30, 2017. Market capitalization nears USD 1.3bn on the back of surge in share price. Continue reading
LUZ
RWS delivers yet another set of strong results as share price hovers near all-time high. Revenues are up 35% and operating profits up 28% in the first six months of the financial year. Chairman Andrew Brode says they occasionally compete with TransPerfect but would never consider buying them. Continue reading
Shares in UK language service provider surge on back of trading update. RWS market capitalization breaks through one-billion-US-dollar mark. Continue reading
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Another Swiss-based language service provider changes hands as more and more outside competitors move into the high-priced Swiss market. Apostroph CEO Philipp Meier to remain and become shareholder in combined group. Continue reading
One of the most attractive pure-play, life sciences players changes hands as RWS bolsters position in fast-growing vertical. Price tag in line with 2015 acquisition of CTi. Continue reading
ULG appoints KJI co-founder Strategic Director of Global Operations. Aspena BDM moves to New York and becomes Managing Director. LUZ names a new Account Director. Architekst fills a BDM post. And Straker Translations appoints a Strategic Account Manager. Continue reading
A closer look at two recent partnership announcements. Lionbridge teams up with Transifex to fill a gap in its tech stack, while life science language service provider LUZ goes after TransPerfect by partnering with Phlexglobal on clinical trial solutions. Continue reading
After legal and digital marketing, Welocalize pushes into life sciences with the acquisition of Nova Language Services, adding another roughly EUR 5m in revenues to its group of companies. Continue reading
This week’s people moves in the language industry sees new director, business development, and bid manager hires, among others, at LUNA, Haymillian, LUZ, Moravia, Morningside Translations, ProTranslating, Capita TI, LanguageWire, and Lingotek. Continue reading
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