Company:LanguageWire
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 LanguageWire Content Platform dashboard | |
| Industry | Language Industry |
|---|---|
| Founded | 2000 |
| Founders | Anders Philipsen, Thor Angelo, Henrik Lottrup |
| Headquarters | Frederiksberg , Denmark |
Key people | Søren Bech Justesen (CEO), Henrik Lottrup (Board member) |
| Revenue | US 71,320,000 (2019) |
Number of employees | 350 |
| Website | https://www.languagewire.com |
LanguageWire A/S is a Danish technology company and language service provider headquartered in Frederiksberg, Denmark .[1] Founded in 2000, LanguageWire is primarily used as a translation management system (TMS) for businesses.[2] According to the Common Sense Advisory study, The Largest Language Service Providers: 2019, LanguageWire is the 23rd largest language service provider globally with a revenue of 71.32 million United States dollar .[3] As of October 2018, LanguageWire has been majority owned by CataCap, a Danish private equity fund.[4]
Products
LanguageWire Content Platform
The core of LanguageWire's business is a proprietary platform which facilitates the outsourcing of content production, including quoting, direct integration with digital platforms, translation tools, billing, and invoicing.[5]
History
LanguageWire was founded in 2000 by Anders Philipsen, Thor Angelo, and Henrik Lottrup.[6]
In May 2017, LanguageWire was purchased by CataCap, a Danish private equity fund.[7] On March 19, 2018, LanguageWire acquired Frontlab, a software company that improves Adobe InDesign workflows.[8] Over a year later on October 31, 2018, LanguageWire acquired Xplanation, a Belgian competitor, more than doubling the size of the company.[9]
On June 11, 2020, Søren Bech Justesen became CEO of LanguageWire, being promoted from his previous position of CFO. He replaced Henrik Lottrup, who had founded the company in 2000 and moved into a board member and advisory role.[10]
See also
References
- ↑ "LANGUAGEWIRE A/S i Frederiksberg - CVR API" (in da). https://cvrapi.dk/virksomhed/dk/languagewire-as/25567846.
- ↑ Elstrup, Morten (2017-05-04). "Skabte sprogfirma ved et tilfælde: Nu bliver far og søn forgyldt". http://borsen.dk/nyheder/virksomheder/skabte-sprogfirma-ved-et-tilfaelde-nu-bliver-far-og-soen-forgyldt-2ie4y.
- ↑ "The Largest Language Service Providers: 2019". https://csa-research.com/More/Featured-Content/Global-Market-Study/Top-100-LSPs.
- ↑ "PE Fund Buys LanguageWire as Deal Fever Grips Denmark" (in en-US). 2017-05-05. https://slator.com/ma-and-funding/pe-fund-buys-languagewire-deal-fever-grips-denmark/.
- ↑ "LanguageWire Selects CFO Justesen as New CEO" (in en-US). 2020-06-15. https://slator.com/people-moves/languagewire-selects-cfo-justesen-as-new-ceo/.
- ↑ "WorldLanguageForum ApS Annual Report 2001". https://regnskaber.cvrapi.dk/tiff/64876552/Y3ZyLmRrOi8vcGRmcy8yNTU2Nzg0NjtBL1MyNzU5NTU7MjAwMDA4MDM7MjAwMTExMzA7UjtS.pdf.
- ↑ "PE Fund Buys LanguageWire as Deal Fever Grips Denmark" (in en-US). 2017-05-05. https://slator.com/ma-and-funding/pe-fund-buys-languagewire-deal-fever-grips-denmark/.
- ↑ "LanguageWire Buys Frontlab in Tuck-in Tech Acquisition" (in en-US). 2018-03-20. https://slator.com/ma-and-funding/languagewire-buys-frontlab-tuck-tech-acquisition/.
- ↑ "LanguageWire Acquires Xplanation As Consolidation in Europe Accelerates Rapidly" (in en-US). 2018-10-31. https://slator.com/ma-and-funding/languagewire-acquires-xplanation-as-consolidation-in-europe-accelerates-rapidly/.
- ↑ "LanguageWire Selects CFO Justesen as New CEO" (in en-US). 2020-06-15. https://slator.com/people-moves/languagewire-selects-cfo-justesen-as-new-ceo/.
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