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
patent translation
The European Patent Office (EPO) outlines the step-by-step guide on how to obtain a patent under the EU’s proposed single patent system called the Unitary Patent. The simplified procedure is expected to bring down translation cost and impact vendors such as RWS. Continue reading
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
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In 2013, the European Patent Office (EPO) partnered with Google to power its for-information-only Patent Translate portal. In May 2017, the EPO rolled out neural machine translation. And as Europe implements a new patent regime in the coming years, machine translation will play an ever more important role. Continue reading
Generating a profit of nearly USD 40m on revenues of barely USD 150m, RWS needs its shares to climb just 20% to crack the billion-dollar mark. The compay has posted uninterrupted growth since 2003 and CEO says having in-house translators is part of the recipe for success. Continue reading
One by one, major providers and users of machine translation are switching their technology-powered engine to one based on neural networks. The World Intellectual Property Organization leverages 60 million reference sentences in a Chinese-into-English beta launch. Continue reading
RWS adds another USD 80m to its market capitalization as shares rise more than 12% after the company publishes a record set of numbers. Its strong financial position makes RWS a key player for acquisitions. Continue reading
What exactly does “baja tu seguro” mean? US Patent and Trademark Office deploys a patent translator and SDL’s MT and Bing Translator, while Mexican insurance firm fights back using a bilingual lawyer and Google Translate. Continue reading
The most valuable publicly listed language service provider RWS reports another uptick in revenues and profit; gears up to battle it out for global life sciences and CRO accounts leveraging recently acquired CTi. Continue reading
As the world’s largest patent offices pool their vast troves of data under the IP5 initiative, the US Patent Office’s machine-translation-powered search portal gets critical acclaim from lawyers. Continue reading
RWS chairman says CTi nearly doubled EBITDA in 2015 to no less than USD 8.5m, topping target that triggers full USD 70m acquisition price. RWS “significantly ahead of expectations” in Q4 2015. Continue reading
Did somebody say machine translation and Unitary Patent? RWS remains sanguine about the future of patent translations while making a big bet on a different industry vertical. Continue reading
RWS closes its financial year ending on Sept 30, 2015 in line with expectations, reporting its 12th consecutive year of growth in revenues, profits and dividends. Continue reading
RWS Group hires LexisNexis veteran Clint Gaffney as Senior VP to lead integration of the RWS-inovia sales group in North America. Continue reading
Spain takes offense to translation requirements for the proposed EU unitary patent, remains one of three EU member states along with Croatia and Poland to not sign the UPCA. Continue reading
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