SDL and Language Weaver today announced a strategic partnership in which SDL becomes the primary sales channel for Language Weaver’s statistical machine translation (SMT) software in the commercial market. Language Weaver will continue selling to government entities and OEM-oriented partners.

Last week, language instruction company Rosetta Stone went public on the New York Stock Exchange, issuing 6,250,000 shares at US$18 and raising US$112.50 million in its initial public offering. On the day of the IPO, the stock closed at US$25.12, and, as of this posting, was trading at US$27.25. The company is a bright spot […]

For years, we’ve suggested that SDL would benefit from splitting its technology solutions groups from its services business. Finally, someone is listening. Only it’s not SDL, it’s LTC. Language Technology Centre was an early translation management system (TMS) developer that released its LTC Organizer product back in 1998. In recent years, it developed a new […]

Last week, we met with Lionbridge CEO Rory Cowan, CFO Don Muir, and CSO Paula Shannon to discuss the company’s announcement about restructuring, its strategy, and its technology plans. But first, how is 2009 shaping up? Cowan cited a Bain report that characterized the typically slow-to-get-going first quarter as doing nothing in January, some pick-up […]