Semantix CEO Patrik Attemark commented, “After seeing TransPerfect's track record from afar, it was refreshing to learn during diligence that our management teams were already so like-minded in their approach to the business. Merging with TransPerfect is a testament to the successful execution of the transformation of Semantix into a leading language technology company for multilingual services. While Semantix is the market leader in the Nordics, we feel that access to TransPerfect's global presence, expansive resources, and market-leading technology offerings will allow us to better service our clients on a global scale.”
TransPerfect President and CEO Phil Shawe stated, “We have competed against Semantix in the Nordics for more than 15 years and have admired their leadership position and strong reputation. It is exciting to have them as part of our rapidly growing global team and to work together to achieve great things for our customers. We welcome everyone at Semantix to the TransPerfect family, which will be a homecoming for some staff members who have worked with TransPerfect in the past.”
The combined company will boast the translation industry's largest global footprint and most diverse customer base. In keeping with TransPerfect's M&A strategy, the TransPerfect-Semantix combination will focus on growing the combined businesses and better serving customers. The combined headcount of both entities will exceed 7500 professionals worldwide
About TransPerfect
TransPerfect is the world’s largest provider of language, data and technology solutions for global business. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 5,000 global organizations employ TransPerfect’s GlobalLink® Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit Transperfect’s website at www.transperfect.com.
For more information:
Patrik Attemark, CEO, Semantix +46 70 166 56 01, patrik.attemark@semantix.com