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Three UK-based language service providers — thebigword, translate plus, and Capita TI — finally filed 2019 financials in September and October 2020, with mixed results.
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
Slator’s inaugural comprehensive language industry market report. It examines total market size, the 10 main end-buyer industries, competitive landscape, productivity tech, NMT and much more.
The Slator 2019 Language Service Provider Index features the largest LSPs in a Leaders Index and the midfield in a Challengers Index.
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.
Massive privacy breach at Translate.com, senior managers leaving TransPerfect in droves, RWS buying Moravia, Facebook launching neural machine translation, Pearl Linguistic going bust, and more than two dozen other stories that lit up the Slator website in 2017.
Goldmans Sachs halts US IPO work for HNA Pactera on governance concerns as Pactera continues to seek new capital for expansion. Move may have have implications for Pactera’s localization unit.
Fast-growing language service provider translate plus snapped up by Publicis Groupe’s production unit Prodigious. The move creates a competitive offering to WPP’s transcreation unit Hogarth.
Language Services Associates, Clarion, Premium Linguistic Services, and other language service providers as well as 2,000 linguists file claims. Filing indicates no assets remain to pay out LSPs and freelance linguists.
Nine-year-old language service provider started by thebigword veteran reports 28% revenue growth and 315% jump in pre-tax earnings. Director Robert Timms on how MT is not cannibalizing volumes and why he is frustrated with UK government procurement.
European Central Bank announces winners of EUR 2.4m framework for translating 19 source languages into English. Estonian and Maltese still looking for vendors.
Accounting firm PwC appointed liquidator of bankrupt Pearl Linguistics. Creditor meeting to be held March 17, 2017 in London. Union representative blames government cost-cutting, while others point to failures in vendor vetting.
Competing on Lionbridge-owned CLS Communication’s home turf, former CLS CEO Matthias Trümpy launches SwissGlobal Language Services, assembles team of former CLS and Translation Probst executives.
EasyTranslate names a new Operations Manager. GET IT appoints a new Sales Director. International Language Connection appoints a COO. Amberken names a BDM for Frankfurt. And translate plus names a Business Development Head for its gaming division.
translate plus directors Robert Timms and Per Severinsen to go on a week-long trade mission to Chicago and New York this September through the invitation of the Mayor of London’s International Business Programme.
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