|[November 14, 2011]
TransPerfect Merges With WorldLingo
NEW YORK --(Business Wire)--
the world's largest privately held provider of language services and
technology solutions, today announced a merger with WorldLingo.
Based in Las Vegas, WorldLingo specializes in translation technology and
other solutions for website localization, as well as document, instant
message, e-mail, and real-time chat translation.
WorldLingo will become a division of TransPerfect and will continue to
be led by CEO Martin Pratt, who will join TransPerfect's senior
management team. As a pioneer and world leader in the
translation-related technology space, WorldLingo performs millions of
translations every day for governments, businesses, and consumers around
the globe. In addition to its existing client base and stable of service
offerings, WorldLingo also has an impressive portfolio of patents and
other intellectual property.
"We see this merger as a chance for WorldLingo to join a company with a
global footprint and a track record of consistent organic growth,"
said Martin Pratt CEO of WorldLingo. "Everyone at TransPerfect has made
us feel welcome, and our employees look forward to the growth prospects
they will enjoy as part of a larger organization."
TransPerfect Co-CEO Phil Shawe said, "WorldLingo is a great example of
what we look for in a strategic merger partner. They are pioneers in
translation-related technology, and they offer some of the industry's
most effective solutions for customers and clients."
WorldLingo is a leading provider of integrated, online translation
solutions, with services ranging from cost-effective machine translation
solutions to professional human translation and culturally sensitive
localization. WorldLingo also offers unique, real-time translation
solutions for two-way e-mail and instant messaging. These solutions make
it easy for businesses and professionals to interact with internal and
external multilingual audiences anywhere in the world. Major clients
include AT&T, Sony, Eli Lilly, Belkin, Cadbury Schweppes, Qualcomm (News - Alert),
Priceline, H.J. Heinz and numerous U.S. and European government
agencies. Since 2003, Microsoft has integrated WorldLingo's Machine
Translation technology into Windows Office, and in 2008 Microsoft (News - Alert)
integrated WorldLingo's Machine Translation into the newly launched Mac
Office suite. In addition, WorldLingo is a supporter of numerous
charities including, TeenAIDS, Motor Neurone Disease Association, Taking
It Global and Grassroots. www.worldlingo.com.
With annual revenues of more than $250 million, TransPerfect is the
world's largest privately held provider of language services and
technology solutions. From offices in more than 70 cities on five
continents, TransPerfect offers a full range of services in 170+
languages to clients worldwide. With an unparalleled commitment to
quality and client service, TransPerfect is fully ISO 9001 and EN 15038
certified. TransPerfect has global headquarters in New York, with
regional headquarters in London and Hong Kong. For more information,
please visit our website at www.transperfect.com.
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