TransPerfect, the world’s largest provider of language and technology solutions for global business, announced today that billed revenue for the first half of 2018 topped $337 million, which represents nearly 20% growth over its $282 million total for the same period in 2017. Continue reading
SDL acquires Donnelley Language Solutions for USD 77.5m as language industry consolidation accelerates in 2018. SDL pays 13.3 times EBITDA. Donnelley LS management expected to stay. Deal shifts SDL decidedly towards services business. Continue reading
France-headquartered Datawords buys Belgian agency 87seconds in second acquisition in 2018. Deal will expand Datawords’ capabilities in video content localization for corporate and media clients, a market likely to offer above average growth in the coming years. Continue reading
As markets are trending sideways in 2018, a handful of language services and technology providers in media localization and language data managed to outperform the markets. Continue reading
Activity was high among language service provider executives in the first half of 2018 as boardrooms and executive teams were reshuffled. Here are our top 10 picks from January to June 2018. Continue reading
The language industry is huge, worth around USD 40bn per year. Yet, unlike other industries of this size, there is no one single provider generating a billion US-Dollars in revenue. Here’s how it could be done. Continue reading
TransPerfect buys San Francisco-based TranslateNow in first acquisition since legal battle ended. Sales up 21% to USD 275m in first five months of 2018 as execs who had left in protest over Lionbridge bid begin to return. Continue reading
Professor Laura Burian, the new dean of the Middlebury Institute’s Graduate School of Translation, Interpretation, and Language Education, says her priority is to adapt the curriculum to prepare students to lead in a rapidly evolving language and technology market. Continue reading
Will TransPerfect defend the number one position in 2018? And why are Anglo-American LSPs dominating the Slator LSPI? What will Brexit mean for English use in the EU? Any why buyers choose to bring more of the supply chain in-house. 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
The US Drug Enforcement Administration (DEA) has awarded five sole source contracts worth a grand total of USD 260.58m. The companies are mandated to provide Linguistic Services to the DEA’s divisions on a regional basis. Continue reading
Delaware Supreme Court rejects appeal and clears the way for sale of TransPerfect to co-founder and co-CEO Phil Shawe. Transaction expected to close on May 7, 2018. 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
Over 600,000 professional profiles. More than 20,000 company accounts. Here’s a look at the language industry according to LinkedIn. Continue reading
Lionbridge to lay off 119 employees in Vancouver (WA) by early June 2018. Layoffs could indicate a move away from software testing towards a renewed focus on core language services and technology business. Continue reading
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