Welocalize Buys Germany’s NLG, Doubles Life Sciences Business
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.
Language Industry (Artificial) Intelligence — Slator Answers
Plunet
BeLazy Announces Full Automation for Plunet
BeLazy's first software update in 2021 features full automation for Plunet when used as a vendor portal or a business management system.
Plunet Unveils Version 8.0 with Innovative Resource Assignment Management
Plunet Version 8.0 focuses on an improved resource assignment management
Slator 2019 Language Industry Market Report
Slator’s inaugural comprehensive language industry market report. It examines total market size, the 10 main end-buyer industries, competitive landscape, productivity tech, NMT and much more.
EU Parliament’s Translation Directorate Quick-Picks Plunet
The Directorate-General for Translation has awarded Plunet a two-year EUR 0.97m TMS contract. DG TRAD to use Plunet Business Manager for managing its translation outsourcing.
Poland’s Summa Linguae Buys Swedish LSP Kommunicera
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain.
Why the CEO of Argos Multilingual Dreams of a Merger
After acquiring US-based language service providers SH3 in 2014 and ENLASO in the fall of 2017, Argos Multilingual CEO Kimon Fountoukidis says he sees a real opportunity to merge with a few similarly sized companies.
How Udacity Localizes to Meet the World’s Booming Demand for Technical Skills
Nanodegrees and online courses in anything from machine learning, digital marketing to self-driving car engineering and millions of users worldwide. Welcome to Udacity’s localization challenge.
Enter the Operators: Morningside’s New Owners Bet Big On Language Services
New York-based Morningside Translations was sold to a group led by new co-CEOs Tom Klein and Roland Lessard. The duo discusses what attracted them to the language industry, how they intend to grow the business, and why they are in this for the long haul.
Poland’s Summa Linguae Completes Merger with India’s Mayflower
After a 25% minority share swap back in mid-2016, Summa Linguae will 100% own Mayflower as they merge into a single company with USD 7m in revenues. Mayflowers owners gain significant shares within Linguae as the company seeks to solidify India as a market and expand into the US.
Nearly 200 Investors Want a Piece of Transfluent
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.
Wieners+Wieners Buys Apostroph as the Great Swiss Sale Continues
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.
CLS’ Former CEO Launches New Language Service Provider
Competing on Lionbridge-owned CLS Communication’s home turf, former CLS CEO Matthias Trümpy launches SwissGlobal Language Services, assembles team of former CLS and Translation Probst executives.
Straker Translations Acquires Eurotext, Replaces Plunet
After closing two investment rounds for a combined USD 5m in late 2015, New Zealand’s Straker Translations expands in Europe; buys Dublin-based language service provider Eurotext. Plunet will now have to make way for Straker’s proprietary translation management system.
LinguaLinx Acquires Language Translation Inc’s Client Portfolio
Fast-growing language service provider LinguaLinx acquires client portfolio of California-based Language Translation Inc.; plans to grow through up- and cross-selling. COO says another acquisition planned for 2017, but no plans to look for outside financing.
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