Propio Secures Growth Equity From US Healthcare Investor
Language service provider Propio gets growth equity investment from healthcare investor, Triple Tree Capital Partners, for interpreting app development and hiring. Continue reading
Tag: VRI
Remote Interpreting Provider Cloudbreak Completes SPAC; Now Trades Under UPH Ticker
US-based video remote interpreting provider, Cloudbreak Health, announces completion of SPACing onto New York Stock Exchange. SPAC GigCapital2 renamed UpHealth Inc. Continue reading
Stratus Rebranded to AMN Language Services after ‘Outstanding’ Q1 2021
AMN Healthcare reports record revenues, including USD 41m from Stratus, now AMN Language Services. Remote interpreters may start using Synzi platform, acquired in April 2021. Continue reading
LanguageLine Bolsters Parent Company as Revenues Grow 17% to USD 618m in 2020
French parent company Teleperformance lauds LanguageLine for being ‘particularly resilient’ during the pandemic in full-year 2020 results; adds 2,600 ‘offshore” interpreters to the workforce. Continue reading
Stratus Owner AMN Tells Investors Why Remote Interpretation Will Keep Growing Post-Covid
Why do remote interpretation volumes at Stratus Video continue to grow? AMN Healthcare answers in earnings call following Q4 and FY 2020 financial filing; hints at future M&A plans. Continue reading
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Stratus Video Shows ‘Nice Top-Line Growth’ in Q4, AMN Healthcare Says
Ten months into the pandemic in the US, AMN describes as good value its March 2020 acquisition of video remote interpreting provider Stratus as annual EBITDA jumps to USD 39m. Continue reading
VRI Provider Cloudbreak SPACs Onto New York Stock Exchange
US-based video remote interpreting (VRI) provider Cloudbreak snapped up by investors and taken public via Special Purpose Acquisition Company (SPAC) in USD 1.35bn deal. Continue reading
Reader Polls: Freelancer Tests, Better CAT, Sales SEO, Back to Booth?
Should LSPs pay freelancers for taking tests? Have CAT tools and TMSs improved? How important is SEO to the lead funnel? And will interpreters ever return to their booths? Continue reading
Australia Launches Video Remote Interpreting Service
Increasing demand for translation and interpreting services in Australia leads to rollout of public video remote interpreting (VRI) service, but experts say translation services still “problematic.” Continue reading
Strong LanguageLine Boosts Teleperformance’s H1 2020 Results
Teleperformance buoyed by interpreting provider LanguageLine’s strong first half of 2020 as virtual remote interpreting benefits from telehealth boom and boosts top line and margins. Continue reading
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AMN Q2 2020: Stratus Outperforms as Minutes Billed Now Exceed Pre-Covid Levels
AMN says video remote interpreting minutes billed by acquired Stratus Video bounced back after initial Covid hit and now exceed pre-pandemic levels. Continue reading
Why You Need a Local Office to Compete in These 9 Translation Markets
A short primer on nine translation and interpretation markets within the USD 24 billion global language industry where vendors need a local presence to compete. Continue reading
Cloudbreak, Owner of Remote Interpreting System Martti, Raises USD 10M
Columbia Partners Private Capital to take minority stake and invest USD 10m in US telehealth platform Cloudbreak Health, owner of remote interpreting system Martti. Continue reading
AMN Healthcare CEO Explains Why They Bought Stratus Video for USD 475 Million
AMN Healthcare executives and Stratus Video COO discuss secular trends driving adoption of video remote interpreting and the rationale for AMNs’s acquisition of Stratus. Continue reading
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