Shakedown in the translation tools market: We live in an increasingly complex world. Turn the clock back, and things were simpler. Five years ago, translation companies produced translations, and software companies produced software. Now, that distinction has blurred. Several major producers of translation tools have been bought out by the very translation companies that used to be part of their target market. In that sense, it is a little like a major airline buying Boeing or Airbus.
The trend started when translation company SDL bought translation memory vendor Trados. More recently, we have seen SDL buy first Passolo and then Idiom. Today, word broke that Alchemy (which, like Passolo, is a translation memory tool used in software localization) has been sold to a big translation vendor called Translations.com/Transperfect.
On the one hand, this can be good news. It can mean new investment in specialist tool development. On the other hand, it can concentrate a lot of power in relatively few hands. It promises to be an interesting time, and may well lead to translation companies exploring new, smaller, independent developers of translation memory systems, such as MemoQ. As Don DePalma says in his latest Global Watchtower article: "We think that this deal will cause other large LSPs to review their technology portfolios."
The trend started when translation company SDL bought translation memory vendor Trados. More recently, we have seen SDL buy first Passolo and then Idiom. Today, word broke that Alchemy (which, like Passolo, is a translation memory tool used in software localization) has been sold to a big translation vendor called Translations.com/Transperfect.
On the one hand, this can be good news. It can mean new investment in specialist tool development. On the other hand, it can concentrate a lot of power in relatively few hands. It promises to be an interesting time, and may well lead to translation companies exploring new, smaller, independent developers of translation memory systems, such as MemoQ. As Don DePalma says in his latest Global Watchtower article: "We think that this deal will cause other large LSPs to review their technology portfolios."