Summa Linguae acquires fellow Poland-based LSP, Get It. Looks to build out capacity via more M&A, not only in localization but also NLP, data-for-AI, now main source of revenue.
Summa Linguae acquires Belgium-based language data provider Datamundi, which helps big tech clients build NLP systems, MT engines, and optimize search relevance.
EUR 34m translation contract covers a whopping 522 possible language combinations for draft text regulations, notifications, and exchanges on a Member State communication system.
Court says an LSP’s use of Google Translate could mean a gross violation of professional practices and a client’s IP rights; ruling defines what constitutes a ‘professional translator.’
While 2020 will go down in history as the year of Covid, it also saw six CEO appointments at language services and tech providers as well as several C-level and VP hires, as reported by Slator.
Language service provider Summa Linguae Technologies grows 114% in Q3 2020, including acquisitions. Data annotation business triples.
KUDO appoints a VP Compliance and Cybersecurity; Intento hires a Globalization and Localization Director, and Summa Linguae adds a Solutions Architect.
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.
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.
Clear Words Translations appoints a Sales and Marketing Head for Brazil; Smartcat, a Senior Product Manager; Summa Linguae, a Director of North American Operations; and Qualtransloc, a Marketing Head.
Value4Capital’s Piotr Misztal speaks at SlatorCon Remote 2020 on why the language services industry is conducive to private equity’s buy-and-build strategy.
Summa Linguae appoints a Chief Revenue Officer; KUDO, a VP of Client Success; Diuna, a General Manager; and Global Voices, a Digital Marketing Director.
Australia-listed data annotation provider Appen shares Covid-19 update and guides investors on 2020 profit expectations.
Mergers and acquisitions helped the biggest LSPs get even bigger; AB5 prompts protests; bankruptcy, layoffs, and a canceled contract; and new standards for interpreters.
Polish LSP Summa Linguae closes deals to acquire two North American companies, Globalme and GlobalVision; sells 51% stake to PE firm V4C.
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