Moravia and new directions

Common Sense Advisory had an insightful post about Moravia’s recent change in ownership to now-majority shareholder Clarion and influx of $100 million in revenue. Don DePalma notes that “Investors love software, but the reality is that somebody has to assemble the pieces,” and suggests that we may see more LSP acquisitions such as this in the future.

This may mark a turning point in how our industry is perceived. Even here in Northern Idaho, I’m running into the situation where more and more local friends (who have no idea what I do exactly) talking about their companies’ attempts at global expansion. Investors are starting to pay attention to our industry in ways they were not before; startups are still struggling to make sense of it all, more of them all the time.

As Moravia is now well aware, startups can become full-fledged global businesses with the right direction. Our industry is finding new ways to provide that direction, and it’s exciting.

About Katie Botkin

Katie Botkin, managing editor at MultiLingual, has a background in linguistics and journalism. She began publishing "multilingual" newsletters at the age of 15, (the linguistic variety at this early stage consisting mostly of helpful insults in Latin) and went on to invest her college and post-graduate career in language learning, teaching and writing.

Leave a Reply