New Zealand-based language service provider (LSP) Straker roughly doubles quarterly revenues vs. the prior year, and sets its sights on Europe’s public sector after IDEST acquisition.
New Zealand-headquartered language service provider Straker Translations reports 66% growth in Q2 FY22, with adjusted EBITDA turning positive in the month of September.
Language services provider Straker tops guidance, reporting unaudited full year revenues of USD 36m. Annualized revenue by Project Manager crosses USD 0.5m.
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.
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.
Australia-listed language service provider Straker Translations credits “high-margin” Lingotek acquisition and IBM win for strong March and growth in Q4 2021.
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.
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.
Here’s what happened at some of the largest language service providers during months of lockdowns and disruptions.
Australia-listed Straker Translations posts Q4 2020 market update, as early effects of coronavirus led to ca. 7% drop in sales orders from mid-March 2020.
How was December business for LSPs? What are the most-used MT services? Should the EU rethink its translation RFPs and tests? What’s the language industry outlook for 2020?
Straker Translations holds investor call to announce first-half 2020 results; eyes more acquisitions and strikes partnership with AppTek to expand media localization offering.
Australia-listed LSP Straker provided an update to shareholders on its enterprise client drive, AppTek partnership and media loc push, and double digit top line growth
Do recruiters approach language professionals? Do LSPs expect growth in 2019? Will California linguists win exemption from AB5? Could Unbabel have a major impact?
Nearly 300 small LSPs on Straker Translations’ M&A radar as the company provides strategy update at AGM. Shares rally as investors seem confident in buy-and-build plans.
Korean language services and data company Flitto raises USD 23m in IPO on electronic trading platform Kosdaq, Korea’s answer to Nasdaq; CEO heralds “AI boom era.”
The Slator Language Industry Job Index (LIJI), which tracks how employment activity is trending across the global language industry, climbs anew in July 2019.
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
Slator’s inaugural comprehensive language industry market report. It examines total market size, the 10 main end-buyer industries, competitive landscape, productivity tech, NMT and much more.
Australia-listed LSP Straker Translations posts Q4 2019 earnings for period ending March 31, 2019. Sales up 48% on acquisitions, full-year revenues on track for USD 16.6m.
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