Toppan Digital Language acquires second London LSP in a row, TranslateMedia; expects to triple in size in 2022, and lead translation market for high-risk and regulated sectors in two years.
Toppan Digital Language, a leader in language services for high risk and business-critical content, is pleased to announce that it has acquired TranslateMedia, a specialist provider of language services and technology.
The Slator Language Industry Job Index (LIJI), which tracks how employment activity is trending across the global language industry, rose to 109.59 in February 2020.
UK-headquartered language service provider TranslateMedia manages a turnaround from a disappointing 2018. Revenues up 16% to GBP 8.3m, bottom line recovers.
In-depth report on localization for the global Travel and Retail sector. Analysis of the competitive landscape, technologies, and actionable insights from major buyers and users.
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 Language Industry Job Index (LIJI), launched in July 2018 to track how employment activity is trending across the global language industry, dipped slightly in January 2019 to 101.33 vs 104.02 the previous month.
Revenues at UK-based language service provider TranslateMedia for the financial year 2018 declined by 5% to just over GBP 7m. EBITDA fell on the back of tighter gross margins.
London-based TranslateMedia reports 8.5% revenue growth for its financial year ended March 31, 2017. Managing Director Rupert Evans believes neural machine translation has reached a tipping point and it will change the role of translators.
A carefully curated selection of 2016's most salient quotes. We have the CEOs of Lionbridge, TransPerfect, Welocalize, and SDL. The buy-side with PayPal, Nielsen, Swiss Post, and major law firms. And technology from Google, Facebook, Baidu, WIPO, and much more.
A plummeting pound, concerns about hiring from the European Union, and worries about adequate translator training weigh on the minds of top executives at language service providers in the UK as Brexit becomes reality: "We're paying a heavy price.”
This week sees two senior movements at Translations.com and TranslateMedia. Meanwhile, companies based in Denmark, Ireland, and another in London announce key appointments to expand their markets.
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