Babel (Alias)

  • Profit-making company (10 FTE) with leading position on Belgian translation market.
  • Reason for sale: Non-core activities within current group
  • Global translation market is expected to grow 5% in next 5y (EU is 49% of market)
  • Google, Deepl & Amazon web released free and (open source) neural frameworks that promote Neural Machine Translation (NMT) use. Domain specialization & transcreation become crucial

Category:

Translation Services

Investment:

Amount Undisclosed

Deal Status:

M&A

Investment Type:

Undisclosed