The 10 Most Popular Language Industry Stories of 2021
After an extraordinary year, our look back on 2021 — from Big Tech to big buys, machine translation to translators’ job prospects — shows the language industry is thriving.
*New* Slator Pro Guide: Scaling an LSP Key Account — Growing Small Clients into Key Accounts
Poland
Poland Rules on LSP Using Google Translate; Defines ‘Professional Translator’
Court says an LSP’s use of Google Translate could mean a gross violation of professional practices and a client’s IP rights; ruling defines what constitutes a ‘professional translator.’
Private Equity Fund Set to Take Majority in Summa Linguae, Finance Two Acquisitions
Polish LSP Summa Linguae has secured backing from PE fund, Value4Capital, to finance acquisitions in the US and Canada. Deal sees fund taking majority in LSP.
TLC2019 Announces Keynote Speaker, Venue and Main Events
The Translation and Localization Conference, one of the top industry events (37 ratings of 5/5, 3300+ followers on social media, 150+ speakers, 1500+ participants from 35 countries) to take place for the eighth time in Warsaw, has announced its this year’s keynote speaker Robert Etches as well as the key events of the conference agenda themed “Ready Set 2020!”.
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.
Summa Linguae Reports Q4 2015 Results
Poland’s Summa Linguae reports earnings jump in the fourth quarter 2015; but adjusted EBITDA down by 10.5% for the full year.
No Time to Waste: Summa Linguae Targets Four Acquisitions By End of 2015
Polish language service provider Summa Linguae reports $309,000 in revenues and $30,000 in EBITDA for Q3 2015, CEO says company still targets four acquisitions in 2015.
Your information will not be shared with third parties. No Spam.