Lingotek acquisition supports Straker Translations’ full-year results as New Zealand LSP posts close to 50% revenue growth to USD 29m for the full year ended June 30, 2021. Continue reading
New Zealand-headquartered language service provider Straker Translations reports 49% growth in Q1 FY22, as Lingotek adds first full-quarter reporting and IBM boosts revenues. Continue reading
Andovar hires a Managing Director for EMEA; Effectiff, a CTO; Straker, a Business Development Director for EMEA; and NaTakallam, a Head of Translation and Interpretation Services. Continue reading
Straker plans to raise AUD 20m share placement to both institutional and retail investors. Proceeds to be used to pay down debt raised to acquire Lingotek, boost M&A, and invest in sales. Continue reading
Shares in Straker Translations climbed 14% the day they announced results for the fiscal year ended March 31, 2021. LSP plans SaaS subscription push among technology customers. Continue reading
Australia-listed language service provider Straker Translations credits “high-margin” Lingotek acquisition and IBM win for strong March and growth in Q4 2021. Continue reading
New Zealand-based Straker Translations taps into vast US market, buying translation services and translation management system provider Lingotek for up to USD 9.5m. Continue reading
2020 brought extreme pressure on businesses and listed language service providers (LSPs) were no exception. Which LSPs fared better in 2020 and which suffered most amid Covid-19? Continue reading
Sydney-listed Straker Translations lands major deal win with IBM; shares zoom up as investors bet on long awaited boost to profitability. Continue reading
New Zealand-based language service provider (LSP) Straker Translations grew sales in the six months to September 2020, and now plans to resume acquisition strategy. Continue reading
With projected EBITDA loss of over AUD 10m in 2020, translation and captioning provider Ai-Media is well on its way to raising more than AUD 60m in Sydney IPO. Continue reading
With earnings season for the first half of 2020 behind us, we take a look at how shares in listed language service providers performed year-to-date 2020. Continue reading
Data annotation and life sciences drive Summa Linguae’s Q2 growth. Honyaku Center gets clobbered as interpreting business is wiped out. Lingo24 provides a gloomy forecast for 2020. Continue reading
Straker said that June 2020 brought a recovery across all business segments, after a 7% decline in sales orders between mid-March and late-April linked to the pandemic. Continue reading
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