Language Industry Top Quotes of 2018
From technology, markets, and M&A to investment and the competitive landscape, the language industry leaders we interviewed in 2018 commented on a wide range of issues - here are our top picks.
Summa Linguae
Slator Jobs Index Reaches New High in December 2018
The Slator Language Industry Job Index (LIJI), launched in July 2018 to track how employment activity is trending across the global language industry, reached a new high of 104.02 in December 2018 vs 100.85 the previous month.
Summa Linguae Acquires Language Data Provider Datamundi
Summa Linguae acquires Belgium-based language data provider Datamundi, which helps big tech clients build NLP systems, MT engines, and optimize search relevance.
Poland’s Summa Linguae Buys Swedish LSP Kommunicera
Poland-based Summa Linguae spent USD 2m acquiring Kommunicera, an “almost identical” language service provider, to expand into the Nordics. CEO highlights investment in NMT, API integrations and Blockchain.
USD 30 Million: Two LSP Execs Attempt Language Industry’s Biggest ICO Yet
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.
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Semantix Partners with ESTeam, Summa Linguae on EUR 34m EU Translation Contract
EUR 34m translation contract covers a whopping 522 possible language combinations for draft text regulations, notifications, and exchanges on a Member State communication system.
Poland Rules on LSP Using Google Translate; Defines ‘Professional Translator’
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.’
Language Industry Key Hires of 2020
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.
Summa Linguae Reports Strong Q3 2020 Growth as Data Services Take Off
Language service provider Summa Linguae Technologies grows 114% in Q3 2020, including acquisitions. Data annotation business triples.
Language Industry Hires at KUDO, Intento, and Summa Linguae
KUDO appoints a VP Compliance and Cybersecurity; Intento hires a Globalization and Localization Director, and Summa Linguae adds a Solutions Architect.
And the best-performing listed LSP so far in 2020 is…
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.
Earnings Wrap: Summa Linguae Booms, Honyaku Plunges, Lingo24 Gloomy for 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.
Language Industry Hires at CWT, Smartcat, Summa Linguae, and Qualtransloc
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.
10 Reasons Why the Translation Industry Attracts Private Equity Investors
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.
Language Industry Hires at Summa Linguae, KUDO, Diuna, and Global Voices
Summa Linguae appoints a Chief Revenue Officer; KUDO, a VP of Client Success; Diuna, a General Manager; and Global Voices, a Digital Marketing Director.
Largely Unaffected by Covid, Appen Maintains 2020 Guidance
Australia-listed data annotation provider Appen shares Covid-19 update and guides investors on 2020 profit expectations.
Slator’s Most Popular Language Industry Stories of 2019
Mergers and acquisitions helped the biggest LSPs get even bigger; AB5 prompts protests; bankruptcy, layoffs, and a canceled contract; and new standards for interpreters.
Summa Linguae Closes Two Deals and Completes Majority Sale to Private Equity
Polish LSP Summa Linguae closes deals to acquire two North American companies, Globalme and GlobalVision; sells 51% stake to PE firm V4C.
Summa Linguae to Acquire Canada-Based Localizer and Data-Annotator Globalme
In crucial step toward planned private equity sale, language service provider Summa Linguae signs deal to buy Canada-based localization and data annotation provider Globalme.
Slator Job Index Climbs for a Fifth Consecutive Month in November 2019
The Slator Language Industry Job Index (LIJI), which tracks how employment activity trends across the global language industry, rises again in November 2019.
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