San Francisco startup Boostlingo has secured USD 3.4m in Series A funding to build out its delivery platform for interpretation services including capabilities for both onsite and remote interpreting. Continue reading
SDL
Research submissions on neural machine translations ballooned from 91 in the first half of 2017 to 196 in the first half of 2018, although by July 2018 submissions were slowing down. Continue reading
In its last set of results before consolidating Donnelley Language Solutions, SDL posts first half revenues of GBP 143.1m and adjusted EBITA of GBP 12m. CEO Hernandez sees the benefits of transformation finally beginning to make an impact. Continue reading
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In an exclusive interview with Slator, SDL CEO Adolfo Hernandez insists they did not need M&A but calls the acquisition of Donnelley Language Solutions a fantastic strategy accelerator. Continue reading
CEO Benjamin du Fraysseix lives up to his reputation as one of the language industry’s busiest dealmakers by buying Belgian rival Telelingua. Combined group revenues to exceed USD 100 million in 2018. Continue reading
Donnelley Financial Solutions (NYSE: DFIN) announced today that it has entered into a definitive agreement to divest its Language Solutions business to SDL (LSE: SDL.L) for $77.5 million on a cash free, debt free basis with all consideration to be paid in cash. Continue reading
SDL acquires Donnelley Language Solutions for USD 77.5m as language industry consolidation accelerates in 2018. SDL pays 13.3 times EBITDA. Donnelley LS management expected to stay. Deal shifts SDL decidedly towards services business. Continue reading
As markets are trending sideways in 2018, a handful of language services and technology providers in media localization and language data managed to outperform the markets. Continue reading
The language industry is huge, worth around USD 40bn per year. Yet, unlike other industries of this size, there is no one single provider generating a billion US-Dollars in revenue. Here’s how it could be done. Continue reading
New language service providers are being launched at a record clip in the United Kingdom with 2018 on track to eclipse 2017 as the most active year for new incorporations. Continue reading
SDL (LSE: SDL), a leader in global content management, translation and digital experience, today announced that its next-generation SDL Neural Machine Translation (NMT) 2.0 has mastered Russian to English translation, one of the toughest linguistic Artificial Intelligence (AI) problems to date. Continue reading
TransPerfect buys San Francisco-based TranslateNow in first acquisition since legal battle ended. Sales up 21% to USD 275m in first five months of 2018 as execs who had left in protest over Lionbridge bid begin to return. Continue reading
Professor Laura Burian, the new dean of the Middlebury Institute’s Graduate School of Translation, Interpretation, and Language Education, says her priority is to adapt the curriculum to prepare students to lead in a rapidly evolving language and technology market. Continue reading
Some familiar names helped pushed May 2018 to the top of the charts in terms of neural machine translation research. Meanwhile, the hottest research trends appear to be the race to better quality and translating low-resource, non-Latin languages. Continue reading
Will TransPerfect defend the number one position in 2018? And why are Anglo-American LSPs dominating the Slator LSPI? What will Brexit mean for English use in the EU? Any why buyers choose to bring more of the supply chain in-house. Continue reading
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