Straker Acquires Lingotek for Up to USD 9.6m
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
Tag: Straker
Straker Translations Delivers Covid-Resistant Growth in FY H1 2021
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
Rundown on Lockdown: How Large LSPs Are Navigating the Pandemic
Here’s what happened at some of the largest language service providers during months of lockdowns and disruptions. Continue reading
Straker Posts Q4 FY 2020 Earnings, Puts M&A on Hold
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. Continue reading
Reader Polls: December Business, Machine Translation, EU Translation RFPs, 2020 Outlook
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? Continue reading
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What We Learned From Listening in on the Straker Translations H1 2020 Investor Call
Straker Translations holds investor call to announce first-half 2020 results; eyes more acquisitions and strikes partnership with AppTek to expand media localization offering. Continue reading
Straker Posts Double Digit Top Line Growth in Q2 2020, Set to Buy Two LSPs in Europe
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 Continue reading
Reader Polls: Linguists vs. AB5, Unbabel Predictions, Recruiters Calling, LSP 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? Continue reading
Straker Translations Holds AGM, Reveals Which LSPs Are on M&A Radar
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. Continue reading
Korea’s Flitto Raises USD 23m in IPO
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.” Continue reading
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Slator Job Index Edges Up Again in July 2019
The Slator Language Industry Job Index (LIJI), which tracks how employment activity is trending across the global language industry, climbs anew in July 2019. Continue reading
The Post-Deal Lives of Over 100 LSP Owners Who Sold Their Business
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business. Continue reading
Slator 2019 Language Industry Market Report
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. Continue reading
Straker Translations Shares Up 10% on Quarterly Results
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. Continue reading
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