Tag: language industry

RWS shares drop 19% after BPEA abstains from takeover

RWS shares declined sharply this morning as Baring Private Equity Asia Fund VIII (BPEA) announced that it would not be making an offer for the language services provider (LSP).

BLEND appoints two new executives to leadership team

BLEND, whose platform employs AI technologies and linguist experts to help businesses expand to new markets, announced on Thursday its appointment of Ron Kraitsman as Chief Financial Officer, and Noa Menko as Vice President of Human Resources.

ATC Announces 2021 Winners of Language Industry Awards

Atlas Translations was awarded the ATC's Company of the Year Award for the second year in a row at the association's 2021 Language Industry Awards. “In its thirtieth year, Atlas Translations achieved an impressive 48% growth, adding new services such as remote interpreting and Covid Passport translation to their portfolio," the judges notes read.

TransPerfect Acquires Language Training Company Transfer

The New York City-based language service provider (LSP) TransPerfect announced earlier this week that it has acquired Transfer, a French company which specializes in...

XTM and XTRF to cooperate but remain separate entities

K1 Investment Management has made majority investments in both businesses but does not plan to merge the products or companies. On September 22, 2021, XTRF...

Lilt Hires National Security Veteran Dana Linnet as General Manager and...

San Francisco, CA - September 23, 2021 - Lilt, the modern language service and technology provider, today announced it has hired Dana Linnet as General...

Why Language Service Experts Need to Think Twice Before Saying Localization...

A common saying in the language industry is that localization is best when it goes unnoticed. This reflects important lessons learned from the many...

RWS Releases Half-Year Report

RWS announced its half-year results for the six-month period ending March 31, 2021 on Tuesday, highlighting the company’s significant growth. The company’s revenue during...

Translators without Borders Partners with Memsource

Translators without Borders announced last week that it will be using Memsource, a new translation tool and management system, in order to improve the...

Weekly Shorts | May 21, 2021

Apple Launches Sign Language Interpreting Program Among numerous accessibility updates, Apple launched SignTime earlier this week, a program designed to make AppleCare and Retail Customer...

Lingoda Announces $68 Million Growth Equity Investment

After a major spike in usership during the COVID-19 pandemic, the Berlin-based language learning platform Lingoda has announced that it’s recently raised $68 million...

10 Things I Learned in 10 Years in the Language Industry

It's quite difficult to avoid cliché territory so I'll start with one: It's been one helluva ride, with its fair share of joys, thrills, successes, difficult moments, and lessons learned. One thing holds true, though — never in my wildest fantasies would I have imagined where I'd find myself 10 years on.