Summa Linguae CEO Krzysztof Zdanowski teams up with TextMinded’s former CIO Robert Etches in an attempt to raise up to USD 30 Million by issuing a new cryptocurrency to fund a blockchain-based marketplace for linguistic assets. Continue reading
Summa Linguae
Summa Linguae reported Q4 and FY 2017 revenue growth but suffered net losses in both periods. Consolidation costs from acquisitions continued to drag but they expect efforts to bear fruit soon. Continue reading
After a 25% minority share swap back in mid-2016, Summa Linguae will 100% own Mayflower as they merge into a single company with USD 7m in revenues. Mayflowers owners gain significant shares within Linguae as the company seeks to solidify India as a market and expand into the US. Continue reading
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Investing in language service providers has been a winning proposition of late. On average, a group of nine listed LSPs beat the performance of the global stock market. Continue reading
AAC Global hires a Sales and Marketing expert, Summa Linguae appoints a Sales Manager and a Vendor Manager, LanguageWire hires a Marketing Manager, AdHoc Translations names a Marketing and Communication Manager, Stealth Translations hires a Business Development Manager, and ExperTrans Global appoints a Production Director. Continue reading
Conversis has a new Account Director, Summa Linguae takes on a Consultant of Business Strategy for Growth and M&A, Xplanation appoints a Regional Manager for the UK and Ireland, and SwissGlobal names its Head of Quality Management. Continue reading
Summa Linguae names a new Vendor Manager, and Alpha, a new Program Manager. Clear Accent appoints two Regional Sales Managers, and SeproTec, two BDMs. Meanwhile, United Language Group continues to beef up key sales posts. Continue reading
The world’s second most populous country has 22 official languages and speaks in 1,600 dialects. As the mobile revolution puts a smartphone into the hands of hundreds of millions of more Indians, the demand for language services is set to boom. Continue reading
Opting for a compromise between an acquisition and a greenfield office opening, Polish language service provider Summa Linguae teams up with Amplexor’s former Managing Director to launch a presence in Romania. Continue reading
Client-facing roles are at the center of this week’s batch of hires. Poland’s Summa Linguae hires an Export Division Manager, a Welocalize veteran joins Venga Global, and Literra, Word Class, and LWTAB beef up sales and marketing. Continue reading
Polish language service provider Summa Linguae and India’s Mayflower Language Services take a 25% stake in each other in a bid to open new sales channels and collaborate on technology. Combined annualized sales of the two companies around USD 2.8m. Continue reading
Poland’s Summa Linguae reports earnings jump in the fourth quarter 2015; but adjusted EBITDA down by 10.5% for the full year. Continue reading
RWS weighs in at over USD 600M in our ranking of the most valuable publicly listed LSPs. SDL is next at over USD 500M, followed by Lionbridge and Keywords Studios. Continue reading
Polish language service provider Summa Linguae reports $309,000 in revenues and $30,000 in EBITDA for Q3 2015, CEO says company still targets four acquisitions in 2015. Continue reading
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