Type | Privately held company |
---|---|
Industry | Language localization Software testing E-learning |
Founded | Waltham, Massachusetts, US (1996) |
Headquarters | Waltham, Massachusetts, US |
Key people | John Fennelly, CEO |
Number of employees | 6000 |
Website | lionbridge |
Lionbridge Technologies, Inc is an American company that provides translation and localization services. Based in Waltham, Massachusetts, the company has operations in 26 countries.
Lionbridge was founded in 1996. [1] In 2005, they acquired Bowne Global Solutions, then the largest localization provider. [2] In 2014 they acquired Darwin Zone, a digital marketing services agency based in Costa Rica, [3] and Clay Tablet Technologies, a content connectivity software firm. [4]
In 2015, they acquired Zurich-based CLS Communication, a translation services provider, and Geotext, a legal translation company. [5] [6] [7] [8] In December 2016, it was announced that Lionbridge entered into a definitive agreement to be acquired by H.I.G. Capital. The deal was announced closed in May, 2017 [9] and, subsequently, the company was delisted from Nasdaq. Lionbridge is now a privately-held company and part of the portfolio of H.I.G. companies.
In July 2017, John Fennelly was named chief executive officer. [10] The founder of the company, Rory Cowan, is chairman of the board of directors. [11]
In December 2018, Lionbridge fully acquired Tokyo-based Gengo, a crowdsourced translation and artificial intelligence training data provider.
In November 2020, Lionbridge agreed with Telus International to sell its artificial intelligence division. [12]
Lionbridge provides translation and localization in many languages, with offices in 26 countries. [13]
A securities class action lawsuit involving the company was filed in July 2001 under "Samet v. Lionbridge Technologies, Inc. et al." in the United States District Court for the Southern District of New York. [14]
In 2006, a Lionbridge employee was awarded noneconomic damages of USD $366,250 and economic damages of USD $221,433 due to failure by the company to fulfill its obligation to help the employee obtain a green card. [15]
A 2008 court case involved an unfair dismissal claim by a former Lionbridge employee fired for union recruitment activities at the company's Warsaw office to protect employment conditions. Protests in support were held in Denmark, Spain, Poland, and Ireland. [16] [17]
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In a nutshell, localization revolves around combining language and technology to produce a product that can cross cultural and language barriers. No more, no less.
Clay Tablet currently supports connections between leading CMSes and Lionbridge's own Freeway, SDL's TMS and WorldServer, SAJAN's Transplicity, Smartling, Welocalize's GlobalSight, Wordbee, and XTM.
To create this list, MSCI ESG Research screened more than 5,500 publicly-traded North American companies to identify the 100 that most "consistently demonstrated transparent accounting practices and solid corporate governance."
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: CS1 maint: unfit URL (link)Lionbridge's existing work-from-home infrastructure enabled it to successfully pivot to a remote environment when the pandemic began. This has earned the company the top spot on FlexJobs' eighth annual list of the Top 100 Companies to Watch for Remote Jobs in 2021. The job-search site based its ranking on an analysis of 57,000 companies' remote-job postings in FlexJobs' database during 2020.
The company asks for feedback from employees regarding sense of belonging and barriers to execution. It has shared over 5,000 feedback results and provided follow-up action items.