Weekly Shorts | January 22, 2021
5 days ago - MultiLingualStaff on January 22, 2021
Business News, Language Industry News and Events, Mergers and Acquisitions, Technology, Terminology, Translation, Translation Technology, Uncategorized, Weekly Shorts
#ovst, #xl8, acquisitions, Across, ALTA, American Literary Translators Association, Asian languages, awards, business, earnings, Erik Hansson, IPTA, Italian, Italian Prose in Translation Award, literary translation, Lucien Stryk Asian Translation Prize, National Translation Award, poetry, prose, revenue, Swedish, TMS, translation management, TransPerfect, Twitter, Volaris Group
Weekly Shorts | January 22, 2021
5 days ago - MultiLingualStaff on January 22, 2021
Business News, Language Industry News and Events, Mergers and Acquisitions, Technology, Terminology, Translation, Translation Technology, Uncategorized, Weekly Shorts
#ovst, #xl8, acquisitions, Across, ALTA, American Literary Translators Association, Asian languages, awards, business, earnings, Erik Hansson, IPTA, Italian, Italian Prose in Translation Award, literary translation, Lucien Stryk Asian Translation Prize, National Translation Award, poetry, prose, revenue, Swedish, TMS, translation management, TransPerfect, Twitter, Volaris Group
TransPerfect revenue up 11.5 percent
TransPerfect has announced a 2020 year-end revenue of 852 million USD. This is a roughly 11.5 percent increase over 2019’s revenue of 764 million USD.
Volaris buys Across
Canadian private equity firm Volaris Group has purchased Across, a Karlsbad, Germany-based translation management software provider. Deal value was not disclosed.
A Swedish hashtag?
Most language professionals on Twitter use #xl8 to find one another’s tweets, but translator Erik Hansson is pushing for a Swedish language version. The current #xl8 has English language origins, using “x” to represent the “trans” in “translate” and “l8” as a phonetic representation of the rest of the word. “I am not giving up hope,” Hansson tweeted Monday, “One day, more #Swedish #translators on Twitter will finally discover our own hashtag #ovst” — short for översättning, the Swedish word for translation.
American Literary Translators Association awards open
The American Literary Translators Association (ALTA) has officially opened its 2021 award applications. The National Translation Award is given to translated books for both poetry and prose, the Lucien Stryk Asian Translation Prize goes to an English translation from one of any Asian languages, and the Italian Prose in Translation Award (IPTA) is awarded for Italian into English prose.
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