RWS announces transformative acquisition of language services provider Moravia for USD 320m. Moravia to operate as an autonomous division. Combined firm’s annual revenues now around USD 400m, pre-tax profit at about USD 80m.
CEO Tomas Kratochvil talks about competitors, how he works with Moravia’s private equity investors, why he has yet to do a major acquisition, and what impact neural MT is having on business.
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