At Slator’s Tokyo Meetup, held at the Grand Hyatt in Roppongi, participants discussed what’s driving the language industry in 2017. The meetup was well attended by language service providers, industry consultants, and localization buyers. Continue reading
Finnish language service provider Transfluent nets nearly EUR 0.7m in crowdfunding campaign. Investor Q&A reveals interesting insights into how a small LSP plans to grow and differentiate itself in a highly competitive market. Continue reading
The language services industry is experiencing an M&A boom with over 50 acquisitions announced since the beginning of 2016. At SlatorCon London, investment banker Simon Baertl shared his view on why dealmakers like the industry. Continue reading
Memsource welcomes John Terninko as Events Marketing Manager, effective May 16, 2017. Continue reading
In its first major transaction since its 2015 private equity investment, Sweden’s Semantix acquires Denmark’s TextMinded. Deal lifts Semantix revenues comfortably above USD 100m, putting more distance between the LSP and its Nordic rivals. Continue reading
Finland’s University of Turku seeks to offer adequate training to transform the translator from artisan into business professional Continue reading
Tokyo-based mini-conglomerate Fidel Technologies acquires India’s LinguaNext; rebrands to LinguaSol. It is Fidel’s second acquisition in 2016 following the purchase of a majority stake in a Japanese patent translation firm. Continue reading
The new version of Memsource introduces radical new improvements for translation and project management. Continue reading
Translation management system SmartCAT, a spinoff from ABBYY Language Solutions, closes USD-2.8m seed round from venture fund with ties to Russia’s largest Internet company. Continue reading
Debut deal for Spain’s SeproTec as it buys Krakow-based Lidolang in bid to expand production. SeproTec CEO Juan Julián León discusses the rationale behind the acquisition and his plans for the combined group. Continue reading
Stratus hires away from health IT firm CareCloud, while Memsource hires a BDM away from the healthcare industry. Meanwhile, AAC Global names an advertising vet to run finance and vendor management, and TransNation hires its first Director of Business Development. Continue reading
Swedish telecom giant Telia’s Helsinki office outsources a team of five translators to Semantix. Deal comes one month after Semantix hired new Finland Head Kalle Toivonen. Continue reading
Size is no barrier to dealmaking. After the acquisition of Bedford Translations, UK-based language service provider TTC wetranslate will likely hit USD 1m in revenues for 2016. Continue reading
Flying half way around the world and crossing 12 time zones was excellent preparation for us to network among 420 language industry professionals at the 8th annual conference hosted by the Globalization and Localization Association (GALA) in New York. Continue reading
As it prepares to list as a separate company, Donnelley Financial discloses that its translation business generated over USD 80m in 2015; names TransPerfect, Lionbridge, Moravia, Hogarth, Across, Welocalize, Sajan, Smartling, Memsource, and others, as key competitors. Continue reading
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