EasyTranslate has acquired World Translation to enhance its B2B translation services and technology capabilities, aiming to establish itself as a market leader.
Target Information
EasyTranslate has successfully acquired World Translation, a distinguished Language Service Provider (LSP) based in Tilst, Denmark. This strategic acquisition represents a significant step forward in EasyTranslate’s ambition to dominate the B2B translation technology and services market. World Translation is renowned for its high-quality B2B translation services, catering primarily to a diverse and loyal international client base that includes companies in the Industrial and Business Services sectors.
The skilled team at World Translation is poised to enhance EasyTranslate’s existing capabilities. In turn, World Translation stands to benefit from EasyTranslate's advanced understanding of language technology and software, particularly in integrating state-of-the-art technology with human expertise. This collaboration promises to leverage EasyTranslate’s proprietary HumanAI technology, which aims to enhance operational efficiency without sacrificing quality, effectively marrying technological advancements with human insights.
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Industry Overview
The language services industry has been experiencing robust growth, fueled by globalization and the increasing need for businesses to communicate across linguistic barriers. In Denmark, the translation sector has evolved significantly,
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EasyTranslate
invested in
World Translation
in 2023
in a Corporate VC deal