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LanguageWire

From EverybodyWiki Bios & Wiki

LanguageWire
LanguageWire_Content_Platform_Dashboard_Screenshot_2020.jpg
File:LanguageWire Content Platform Dashboard Screenshot 2020.jpg
LanguageWire Content Platform dashboard
ISIN🆔
IndustryLanguage Industry
Founded 📆2000
Founders 👔Anders Philipsen, Thor Angelo, Henrik Lottrup
Headquarters 🏙️,
Frederiksberg
,
Denmark
Area served 🗺️
Key people
Søren Bech Justesen (CEO), Henrik Lottrup (Board member)
Revenue🤑 US 71,320,000 (2019)
Members
Number of employees
350
🌐 Websitehttps://www.languagewire.com
📇 Address
📞 telephone

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 USD.[3] As of October 2018, LanguageWire has been majority owned by CataCap, a Danish private equity fund.[4]

Products[edit]

LanguageWire Content Platform[edit]

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[edit]

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[edit]

References[edit]

  1. "LANGUAGEWIRE A/S i Frederiksberg - CVR API". cvrapi.dk (in dansk). Retrieved 2020-06-10.
  2. Elstrup, Morten (2017-05-04). "Skabte sprogfirma ved et tilfælde: Nu bliver far og søn forgyldt". borsen.dk. Retrieved 2020-06-10.
  3. "The Largest Language Service Providers: 2019". csa-research.com. Retrieved 2020-06-10.
  4. "PE Fund Buys LanguageWire as Deal Fever Grips Denmark". Slator. 2017-05-05. Retrieved 2020-06-10.
  5. "LanguageWire Selects CFO Justesen as New CEO". Slator. 2020-06-15. Retrieved 2020-06-17.
  6. "WorldLanguageForum ApS Annual Report 2001" (PDF). CVR API.
  7. "PE Fund Buys LanguageWire as Deal Fever Grips Denmark". Slator. 2017-05-05. Retrieved 2020-06-10.
  8. "LanguageWire Buys Frontlab in Tuck-in Tech Acquisition". Slator. 2018-03-20. Retrieved 2020-06-10.
  9. "LanguageWire Acquires Xplanation As Consolidation in Europe Accelerates Rapidly". Slator. 2018-10-31. Retrieved 2020-06-10.
  10. "LanguageWire Selects CFO Justesen as New CEO". Slator. 2020-06-15. Retrieved 2020-06-17.



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