Since its launch in 2007, Google Translate has brought machine translation to the masses, making it free, quick and easy, and therefore significantly contributing to the demolition of the language barriers.
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Can translation service providers and technology providers meet translation buyers’ requests? How can we evaluate the quality of both source and target within the translation process? How do we measure localization processes? These are just few of the questions that passed the review during the roundtable hosted by TAUS in Barcelona on May 12, 2016.
Recently, one global player in translation bought out a competitor. Another key player was court-ordered to break up and sell their company. These business developments—and more—set me to thinking: What, exactly, does the buyer get when acquiring a translation company? What is the market value of a given translation company as a whole? And how does the market put a price on a company’s individual assets?