Press Release: Memsource Acquires Phrase

新闻发布:Memsource收购Phrase

2021-01-18 15:25 Memsource

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Press Release: Memsource Acquires Phrase Transaction creates the translation industry's leading localization platform allowing Memsource to further expand its product portfolio, geographic footprint, and customer base Prague, Czech Republic; Hamburg, Germany; and London, UK - 18 January 2021 – Memsource, the leading AI-powered translation management system, together with its majority shareholder The Carlyle Group (NASDAQ: CG), today announced that it has acquired Phrase, a leading software localization platform. Headquartered in Prague, Czech Republic, Memsource is a leading translation technology provider that assists global corporations and the language services industry in automating the localization of large volumes of multilingual content. The company is a leader in AI-powered translation technology, which makes localization easier, faster, and more cost-effective. Memsource translation software is used by leaders in their respective industries, such as Uber, Zendesk, Supercell, and Vistaprint. Headquartered in Hamburg, Germany, the Phrase platform provides cloud-based localization for software, websites, and mobile applications. Phrase enables customers of all sizes to scale their translation processes through advanced automation, eliminating unnecessary steps from the localization process. Through its unique value proposition, Phrase has built up a wide reaching customer base across multiple industries with customers such as Lufthansa Systems and Pizza Hut Digital Ventures. The combination of Memsource and Phrase creates the industry’s leading translation management company. The transaction significantly expands Memsource’s product portfolio and customer base while also extending its operations into Germany, a country in which it previously did not have a presence. The combined group will seek to transform the localization industry, providing global brands with a streamlined solution that reduces costs, increases translation quality, and automates the localization process end-to-end. The three founders of Phrase will become shareholders of the Memsource group. David Canek, the CEO of Memsource, will become the group CEO with immediate effect. David Canek, Founder and CEO of Memsource, said: “Since Carlyle’s investment in Memsource in July 2020, we have focused on growing the business organically while exploring compelling acquisition opportunities. Phrase is a leading software localization platform bootstrapped by an incredibly talented team. As leaders in their respective fields (enterprise TMS and software localization respectively), Memsource and Phrase are determined to create the next generation of translation automation for the full range of enterprise localization use cases.” Wolfram Grätz, Founder of Phrase, said: “Having established ourselves as a pioneer in software localization, partnering with Memsource and Carlyle is the next logical step for the company. We have a cross-industry customer base from the automotive to the financial sector and many of them are asking us about our plans to support additional localization use cases. We have continuously addressed their needs, and by combining our high-quality management teams and deep software expertise, we intend to create a market innovator with the vision, talent and scale to define the future of enterprise translation management.” Fernando Chueca, a Managing Director in the Carlyle Europe Technology Partners (CETP) advisory team, said: “CETP IV invested in Memsource to accelerate the next phase of the company’s development, including a focus on expansion into new geographies and innovative technologies. The transaction with Phrase, the first since Carlyle’s investment, is testament to this strategy, providing an attractive entry point to the German market and access to its highly complementary product suite and established customer base. The enlarged group is uniquely positioned to establish itself as a leader in translation management systems, enabling sophisticated software localization across international markets.” -– About Memsource Memsource helps global companies translate efficiently. Ranked as the most viable Translation Management System by CSA Research in 2019, Memsource supports 500+ languages, 50+ file types, and 30+ machine translation engines. Memsource enables its customers to increase translation quality while reducing costs using its patented, state-of-the-art AI technology. With a team of over 120 people in offices across Europe, US and Japan, Memsource serves thousands of global customers, including leading brands such as Uber, Zendesk, Supercell and Vistaprint. Further information is available at www.memsource.com. About Phrase Phrase is a cloud-based software localization platform that accelerates the development of multilingual digital products. Phrase enables organizations of all sizes to scale and centralize their translation processes through advanced automation and a broad variety of integrations. Founded in 2012 in the heart of Hamburg, Phrase has grown from a small start-up into an agile, ambitious team from around the world. Phrase is growing rapidly and currently partners with over a thousand businesses in over 60 countries. Further information is available at phrase.com. About The Carlyle Group The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $230 billion of assets under management as of September 30, 2020, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,800 people in 30 offices across six continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle. Press Enquiries: Memsource / Phrase Filip Sanca +420 604 695 225 filip.sanca@memsource.com The Carlyle Group Andrew Kenny +44 7816 176120 andrew.kenny@carlyle.com
新闻发布:Memsource收购Phrase Transaction创建了翻译行业中领先的本地化平台,使Memsource能够进一步扩大其产品组合,地理服务范围和客户群 捷克共和国布拉格、德国汉堡、英国伦敦:2021年1月18日——领先的人工智能翻译管理系统Memsource与其大股东凯雷集团(纳斯达克代码:CG)于今日宣布,已收购在行业中领先的软件本地化平台Phrase。 总部设在捷克共和国布拉格的Memsource是一家领先的翻译技术提供商,协助全球企业和语言服务行业实现大量多语言文本的自动本地化。该公司是人工智能驱动下翻译技术的领导者,因此其本地化更容易,更快,更经济。各行业的龙头企业都在使Memsource翻译软件用,如Uber,Zendesk,Supercell和VistaPrint。 Phrase的平台总部位于德国汉堡,为软件,网站和移动应用程序提供云定位本地化服务。Phrase为各种规模的客户提供服务,使其都能通过高端自动化来扩展他们的翻译过程,消除本地化过程中不必要的步骤。通过其独特的价值主张,Phrase已在多个行业建立了广泛的客户群,客户包括汉莎系统公司和必胜客数字风险投资公司。 Memsource和Phrase的结合成就了业界领先的翻译管理公司。这项交易大大扩展了MemSource的产品组合和客户群,同时也将其业务延伸至德国,此前该公司并没有在德国设立分支机构。合并后的集团将寻求本地化行业的转型,为全球品牌提供精简的解决方案,可以降低本地化成本,提高翻译质量,并实现端到端自动化。 Phrase的三位创始人将持股Memsource集团。Memsource的首席执行官David Canek从即日起出任集团首席执行官。 Memsource创始人兼首席执行官大卫·卡内克说:“自2020年7月凯雷投资Memsource以来,我们一直专注于业务的有机增长,探索强有力的收购机会。Phrase是一个领先的软件本地化平台,一个才华横溢的团队将其创建出来。作为各自领域(分别是企业TMS和软件本地化)的龙头公司,Memsource和Phrase决心为企业全系列本地化创建下一代翻译自动化流程。“ Phrase的创始人Wolfram Grätz说:“我们已经是软件本地化的先驱,公司下一步与Memsource和凯雷合作是合乎逻辑的。我们客户群跨越多个行业,从汽车到金融部门,许多人都在询问我们支持更多本地化的用例计划。我们不断为他们的需求做出调整,结合我们高素质的管理团队和深厚的专业软件知识,我们计划创造一个有远见、有才干、有规模的市场创新,来定义企业翻译管理的未来。“ 凯雷欧洲技术合作伙伴(CETP)顾问团队董事总经理费尔南多·楚卡说:“CETP IV投资Memsource是为了加速公司下一阶段的发展,包括像全新地区和创新技术的发展。与Phrase的交易是凯雷投资以来的第一笔交易,证明了这一战略,它为打开德国市场提供了一个有吸引力的切入点,并获得了高度互补的产品套件和成形客户群。集团扩大后,处于一个独特的地位,能够使自己成为翻译管理系统的领导者,实现完善软件在国际市场中的本地化。“ —— 关于Memsource Memsource为全球公司提供高效翻译服务,Memsource支持500多种语言,50多种文件类型和30多种机器翻译引擎,2019年被CSA Research评为最具生命力的翻译管理系统。Memsource利用专属的先进人工智能技术,降低客户成本的同时提高翻译质量。Memsource拥有一支超过120人的团队,遍布欧洲,美国和日本,为数以千计的全球客户提供服务,其中包括Uber,Zendesk,Supercell和VistaPrint等领先品牌。详情见www.memsource.com。 关于Phrase Phrase是一个基于云的软件本地化平台,加速多语言数字产品的开发。通过先进的自动化和广泛的集成,无论何种规模的组织,Phrase都能够将其翻译过程扩展和集中。2012年成立于汉堡市中心的Phrase已经从一个小型初创企业成长为一个来自世界各地的机敏又有野心的团队,发展迅速,目前与来自60多个国家的1000多家企业建立了合作伙伴关系。更多信息请访问phrase.com。 关于凯雷集团 凯雷集团(纳斯达克代码:CG)是一家行业专业知识雄厚的全球性投资公司,在三个业务领域部署私人资本:全球私人股本,全球信贷和投资解决方案。截至2020年9月30日,凯雷资产管理规模为2300亿美元,凯雷的宗旨是明智投资,为投资人,投资组合公司以及我们生活和投资的社区创造价值。凯雷在全球设有30个办事处,员工超过1800名。欲了解更多信息,请访问www.carlyle.com。在推特上关注@oneCarlyle。 新闻查询: Memsource/Phrase Filip Sanca +420 604 695 225 filip.sanca@memsource.com 凯雷投资集团 安德鲁·肯尼 +44 781 6 176 120 andrew.kenny@carlyle.com

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