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
Semantix
Hansel, the Finnish government’s centralized procurement unit, has just announced contract awards to a total of 12 providers for a justice and litigation services and interpretation tender, worth EUR 24m (USD 28.3m). Continue reading
Slator launches the 2018 Slator Language Service Provider Index (LSPI). The index comprises the largest language service providers worldwide with aggregate 2017 revenue of USD 4.7 billion derived from services such as translation, localization, language technology, interpretation, subtitling, dubbing, and related services. Continue reading
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A new tender for onsite and remote interpreting, released by the Swedish Migration Board, is the latest in a string of tenders from the Nordics over the past couple of months. Continue reading
In another potential money-spinner for LSPs operating in the Nordics, the municipality of Svendborg in Denmark released a new tender for interpretation services worth USD 10.5m. Continue reading
Acquisition activity picks up in the new year as more announcements create ever bigger LSPs. The Danish government tries their hand at aggregating public sector translation demand, and Microsoft claims “human parity” in machine translation. Continue reading
A dozen Danish government agencies related to the judicial sector issue a massive collective tender for language services. The entire contract will be awarded to a single vendor in order to “achieve cost savings and economies of scale”. Continue reading
BTI Studios hires a veteran 20th Century Fox executive as its new EVP of OTT Operations. Eriksen Translations, Semantix, and Teneo Linguistics welcome new sales and marketing professionals on their team. Continue reading
Semantix consolidates its grip on the lucrative Nordic market by acquiring Norway’s Amesto Translations. With the deal Semantix continues to diversify away from interpretation into translation. Continue reading
Who got hired, who stepped down, who moved over to the next challenge and why? Here’s a roundup of senior appointments and career moves of top executives in the language services industry in 2017. Continue reading
Swedish language service provider Semantix appoints Patrik Attemark as CEO, taking the reins from Anders Uddfors, who has led the company since 2010. Continue reading
In its first major transaction since its 2015 private equity investment, Sweden’s Semantix acquires Denmark’s TextMinded. Deal lifts Semantix revenues comfortably above USD 100m, putting more distance between the LSP and its Nordic rivals. Continue reading
Government procurement agency Hansel defends itself against critics of the way it handled Finland’s EUR 37.5m interpretation contract; denies it changed rules mid-process. Continue reading
Central procurement agency Hansel leaves Finnish government without language service contracts; source says big government clients may launch own tenders. Affected LSPs take Hansel to court. Hansel described as unprofessional customer. Continue reading
EU awards EUR 63.5m interpretation contract to meet language needs of immigrants from southern border; Finland, EUR 37.5m, for those who make it way up north. Continue reading
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