Top Performing LSPs in Q1, MotionPoint Investment, Media Loc M&A, US Dubbing – via slator.com

Florian and Esther discuss the language industry news of the week — and the exciting guest lineup in the weeks ahead.The duo compare the stock performance of the handful of publicly-listed LSPs both year-to-date (Q1 2021) and from the start of 2020. Florian calls out ZOO Digital and Keywords Studios...

Lengoo Raises USD 20m Series B From Inkef on AI Agency Investment Thesis – via slator.com

On February 10, 2021, Lengoo announced that it had closed a USD 20m Series B round led by Amsterdam-based Inkef Capital. This brings total funds raised by the Berlin-based language service provider to USD 34m.The Series B, which closed on January 29, 2021, drew existing investors Redalpine, Creathor Ventures, and...

US Investment Firm K1 Buys Majority Stake in XTM International – via slator.com

On February 11, 2021, UK-based translation management system (TMS) provider XTM International announced the sale of a majority stake in the company to K1 Investment Management. The terms of the transaction, which concluded on January 22, 2021, are undisclosed.XTM was founded in 2002 by CEO Bob Willans and CTO Andrzej...

Website Localization Provider Motionpoint Lands Investment From Lightview Capital – via slator.com

Florida-based multilingual website technology company MotionPoint announced on March 31, 2021 that it had secured an investment from private equity firm Lightview Capital. The transaction closed on the day of the announcement. The amount of the investment and MotionPoint’s valuation remain undisclosed.Will Fleming, CEO of MotionPoint, told Slator that, as...