SDL posts annual results for the full-year 2017. CEO and Chairman call financial performance “frustrating” and “disappointing” but are confident the company’s root and branch transformation has laid the groundwork for a stronger 2018. Continue reading
The Translation Centre sees a sustained demand for translation from EU agencies and bodies in 2018. But to deliver three-quarters of a million translated pages per year, it relies on extensive outsourcing and technology. Machine translation not yet integrated into production. Continue reading
SDL projects 2017 revenues of GBP 285m, up 8% from last year. Pre-tax profit are down 18% due to restructuring charges, delayed software deals, and a faster than expected shift to SaaS. Language services margins improving. Continue reading
The call for bids is for four projects involving the translation of legal text, including legal documents of ongoing proceedings, decision of various legal bodies, legal opinion, and other texts that deal with EU or national laws. Continue reading
Efficiency boost for tens of thousands of translators as MMT launches the first ever adaptive neural machine translation plugin for two of the most widely used translation productivity tools, SDL Trados Studio and MateCat. Continue reading
French-based language service provider HL TRAD acquired rival CPW Group in June 2017. The group’s combined revenue is expected to reach EUR 16.5m this year. HL TRAD President says another acquisition is in the works. Continue reading
Translation Laboratory has a new Managing Director, Commit Global Translations appoints a Chief Development Officer, and United Language Group and Paragon Language Services name new Business Development Managers Continue reading
After an introduction by Common Sense Advisory in early 2015, Amplexor and Sajan set off for a two-year negotiation marathon that saw the deal nearly falling apart at one point. Amplexor CEO Evenepoel on why he wants to do M&A in Japan and how the industry cannot continue to get paid less for better work. Continue reading
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
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
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. Continue reading
New SDL CEO Adolfo Hernandez reports on his first 100 days, sees opportunities in cross-selling, streamlining manual processes, and moving more translation in-house. Sale of three non-core units expected within the year. Continue reading
London’s translate plus releases results for 2015 financial year with revenues broadly flat and EBITDA slightly down. Director Robert Timms says current financial year to deliver strong top and bottom line growth when the books are closed end of August 2016 Continue reading
Hamburg-based advertising and marketing language service provider Wieners+Wieners sells majority stake to private equity firm ECM. Former Managing Partner and now Member of the Advisory Board Hermann Wendelstadt tells Slator the company is not in a hurry to do deals but acquisition focus will be on Germany, Austria, and Switzerland. Continue reading
Translation Service Manager at law firm Castrén & Snellman says legal translation is the same the world over: labor-intensive and requiring the human touch; points to recent trend in Finnish law firms. Continue reading
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