Questel Buys Morningside to Become Key Player in IP & Patent Translation

科斯特尔(Questel)收购晨兴创投(Morningside)成为知识产权和专利翻译领域的主要参与者

2021-03-26 20:00 slator

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Paris-based IP service provider Questel has acquired Morningside, according to a March 25, 2021 press release. Questel’s motivation behind acquiring the New York based patent, life sciences, and legal translation provider includes Morningside’s “major global law firm presence, which will allow Questel to significantly expand and diversify its customer base,” the same announcement stated. Questel CEO, Charles Besson, added, “Translation plays a critical role in providing end-to-end integrated IP solutions to our clients.” Financial and other terms of the deal are, thus far, undisclosed. Morningside, ranked #23 on the Slator 2021 LSPI, reported revenues of USD 72.9m in 2019 (2020 figures still pending at press time). It was only in September that the company announced a major rebrand and website overhaul. As previously reported, Morningside acquired Net-Translators in 2019, expanding its presence in Israel. Around that time, Morningside also bought rival patent translation provider PLS, but never officially announced the deal. (Going to the PLS login page automatically redirects users to the Morningside IP platform.) Specialized in serving highly regulated industries, Morningside was founded in 2000 by Josh Eisen and three other partners. In 2017, the language service provider (LSP) was acquired by Tom Klein and Roland Lessard — who, at the time, were set on playing the long game. But with the Questel deal, the duo has now completed their mission to buy, build, and sell a company within less than four years. Questel had previously acquired Utah-based LSP MultiLing in 2018 in what MultiLing CEO Michael Sneddon described as “a highly competitive process.” With its acquisition of Morningside, Questel is now likely the second largest patent translation provider after RWS.
根据2021年3月25号的新闻稿,总部位于巴黎的IP服务提供商科斯特尔已经收购晨兴创投。 科斯特尔收购这家总部位于纽约的专利,生命科学和法律翻译提供商的动机包括晨兴“在全球的主要律师事务所的存在,这将使Questel大幅扩大其客户群并使其多样化,”同一份公告称。 Questel首席执行官Charles Besson补充说:“翻译在向客户提供端到端集成IP解决方案方面发挥着关键作用。”到目前为止,这笔交易的财务和其他条款尚未披露。 晨兴创投在Slator 2021 LSPI中排名第23位,2019年的收入为7290万美元(截至发稿时,2020年的数据仍未公布)。直到9月份,该公司才宣布对品牌和网站进行重大调整。 正如前所报道,晨兴创投在2019年收购了Net-Translators,扩大了在以色列的影响力。大约在那个时候,晨兴创投还收购了竞争对手专利翻译提供商PLS,但从未正式公开宣布。(转到PLS登录页面会自动将用户重定向到晨兴创投IP平台。) 晨兴创投于2000年由乔什·艾森(Josh Eisen)与其他三位合伙人联合创立,专门服务于受高度监管的行业,2017年,这家语言服务提供商被汤姆•克莱恩( Tom Klein)和罗兰•莱萨德(Roland Lessard)收购,他们当时正打算打一场持久战。但通过与Questel的交易,两人在不到四年的时间里完成了收购,建立和出售一家公司的使命。 科斯特尔此前在2018年收购了总部位于犹他州的LSP MultiLing,MultiLing首席执行官迈克尔·斯尼登(Michael Sneddon)将其描述为“一个竞争激烈的过程”。 通过收购晨兴创投,科斯特尔现在很可能成为仅次于RWS的第二大专利翻译提供商。

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