thebigword posts full-year 2018 revenues of nearly USD 100m and EBITDA of USD 5.9m, as growth is boosted by Ministry of Justice contract and defense business. Company launches new video remote interpreting (VRI) capabilities to expand interpretation offering. Continue reading
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. Continue reading
The Slator Language Industry Job Index (LIJI), launched in August 2018 to track how employment activity is trending across the global language industry, dipped slightly to 100.85 in November 2018 vs 102.69 the previous month. Continue reading
Denmark’s LanguageWire buys Belgian-based Xplanation in deal that creates one of the largest diversified European language service providers. Combined 2018 revenues to come in at nearly USD 70m. Continue reading
PE-backed Technicis acquires Finland’s AAC Global, pushes into lucrative Nordic market. Deal marks fourth acquisition in 2018, putting Technicis on track for nearly USD 140 million in 2018 pro-forma revenues. Continue reading
CEO Benjamin du Fraysseix lives up to his reputation as one of the language industry’s busiest dealmakers by buying Belgian rival Telelingua. Combined group revenues to exceed USD 100 million in 2018. Continue reading
Language industry deal maker Technicis acquires rival HL Trad in second acquisition in three months. Bringing the France-based, Legal and Financial LSP into its fold lifts Technicis to pro-forma revenues of nearly USD 80m. Continue reading
SlatorCon London 2018 was a spectacular display of the breadth and depth of the language industry, uniting a diverse mix of industry stakeholders from end buyers, vendor CEOs, analysts, and investment bankers involved in industry M&A. Here’s what you missed if you weren’t there. Continue reading
Benjamin du Fraysseix, CEO of Technicis, gave his perspective on M&A during a presentation to the SlatorCon London audience in May 2018. Du Fraysseix has been a practitioner of the art and science of M&A, having led the company through multiple acquisitions since 2012. Continue reading
As technology is boosting productivity and changing buyer expectations, dropping unit prices presents opportunities to vendors that bring the tech, specialization, and size to seize them but it is an existential threat to generalists lacking focus. Continue reading
UK-based language service provider D.A. Languages has received a GBP 3m cash boost from a regionally focused fund run by private equity firm Foresight Group. Continue reading
More than 80 language industry leaders, 6 presentations, a lively panel debate and extended networking opportunities; SlatorCon London 2018 again assembled some of the most important names in the industry and touched on what matters in language services and tech. Continue reading
Slator launches the 2018 Slator Language Service Provider Index (LSPI). The index comprises the largest language service providers worldwide with aggregate 2017 revenue of USD 4.7 billion derived from services such as translation, localization, language technology, interpretation, subtitling, dubbing, and related services. Continue reading
Acquisition activity picks up in the new year as more announcements create ever bigger LSPs. The Danish government tries their hand at aggregating public sector translation demand, and Microsoft claims “human parity” in machine translation. Continue reading
After Translation Probst and Arancho Doc, Technicis acquires fellow France-based language service provider Textmaster, as CEO Benjamin du Fraysseix accelerates deal making. Continue reading
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