After co-founding ModernMT in 2017 alongside Fondazione Bruno Kessler, Translated has acquired all stocks in ModernMT, taking the company under its wing as its own product. Translated notes that its newfound full ownership of ModernMT will allow the company to better integrate the output of MT and professional translators into their workflow. In addition to the merger, Translated also announced several advancements to the ModernMT platform, including the addition of nine new languages supported on the MT system.
“The merger represents a step forward in our mission to allow everyone to understand and be understood in their own language,” the company wrote in its announcement of the merger. “We firmly believe in a powerful collaboration between humans and machines and to welcome ModernMT into our family we designed a new logo for it.”
ModernMT was first established about five years ago, providing neural MT services that can learn from professional translators’ corrections and adapt to the context of a given passage. Two years after its founding, the company earned the Gartner Cool Vendor Award. It also received high accolades on Intento’s 2021 The State of Machine Translation report, which claimed ModernMT’s performance was exceptionally human-like. The technology has a long list of users, including Airbnb, which extensively used ModernMT in the development of its Translation Engine technology.
“ModernMT took inspiration from the human brain not just for its neural structure but for its incredible capacity to adapt, learn from new experiences, and interact with other humans,” Translated wrote in its announcement. Translators working with Translated will now have access to a ModernMT Professional account. Additionally, Translated has incorporated ModernMT’s technology into all of its products. With the addition of nine new languages, the software supports 56 languages.
“ModernMT combines all the best things on the market and in many of them goes far beyond other systems, doing full-document adaptive translation and even transcreating some of the content,” said co-founder and CEO of Intento, Konstantin Savenkov, in a testimonial for ModernMT.