The research company, Common Sense Advisory, who specialize in the language industry, have been tracking the mergers, acquisitions, and investments that have been particularly active in this market recently. They have found that some venture capitalists and other investors are finally looking at language services companies as enablers for global business growth. Investors have focused mainly on translation companies and cloud marketplaces which are rather circumscribed – until recently. But many are realizing that this is a fragmented space, and have turned their attention on companies that assemble the pieces and provide business solutions.
Another important aspect is that language is becoming a core business issue. For years, localization and translation efforts were isolated and seen as problems to be addressed not as opportunities for business growth. Many multinationals are working on the development and implementation of their global content strategies and these services are entwined with core business processes.