Lionbridge

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Lionbridge Technologies, Inc.
TypePrivately held company
IndustryLanguage localization
Software testing
E-learning
FoundedWaltham, Massachusetts, US (1996)
HeadquartersWaltham, Massachusetts, US
Key people
John Fennelly, CEO
Number of employees
6000
Websitelionbridge.com

Lionbridge Technologies, Inc is an American company that provides translation and localization services. Based in Waltham, Massachusetts, the company has operations in 26 countries.

History[edit]

Lionbridge was founded in 1996.[1] In 2005, they acquired Bowne Global Solutions, then the largest localization provider.[2] In 2014 they acquired Darwin Zone, a digital marketing services agency based in Costa Rica,[3] and Clay Tablet Technologies, a content connectivity software firm.[4]

In 2015, they acquired Zurich-based CLS Communication, a translation services provider, and Geotext, a legal translation company.[5][6][7][8] In December 2016, it was announced that Lionbridge entered into a definitive agreement to be acquired by H.I.G. Capital. The deal was announced closed in May, 2017[9] and, subsequently, the company was delisted from Nasdaq. Lionbridge is now a privately-held company and part of the portfolio of H.I.G. companies.

In July 2017, John Fennelly was named chief executive officer.[10] The founder of the company, Rory Cowan, is chairman of the board of directors.[11]

In December 2018, Lionbridge fully acquired Tokyo-based Gengo, a crowdsourced translation and artificial intelligence training data provider.

In November 2020, Lionbridge agreed with Telus International to sell its artificial intelligence division. [12]

Operations[edit]

Lionbridge provides translation and localization in many languages, with offices in 26 countries.[13]

Controversies/court cases[edit]

A securities class action lawsuit involving the company was filed in July 2001 under "Samet v. Lionbridge Technologies, Inc. et al." in the United States District Court for the Southern District of New York.[14]

In 2006, a Lionbridge employee was awarded noneconomic damages of USD $366,250 and economic damages of USD $221,433 due to failure by the company to fulfill its obligation to help the employee obtain a green card.[15]

A 2008 court case involved an unfair dismissal claim by a former Lionbridge employee fired for union recruitment activities at the company's Warsaw office to protect employment conditions. Protests in support were held in Denmark, Spain, Poland, and Ireland.[16][17]

Recognition[edit]

  • 2015 - Lionbridge made GMI Ratings' list of 100 Most Trustworthy Companies in America.[18]
  • 2018 - Ranked on Forbes' list of America's Best Large Employers for receiving high scores in an anonymous employee survey evaluating organizations on workplace standards.[19][failed verification]
  • 2019 - Ranked #282 on Forbes' list of America's Best Employers 2019.[22][20]
  • 2020 - Ranked #388 on Forbes' list of America's Best Employers For Diversity 2020.[23]
  • 2021 - Ranked #123 on Forbes' list of America's Best Employers For Diversity 2021.[24][25]
  • 2021 - Named #1 on FlexJobs' list of Top 100 Companies to Watch for Remote Jobs in 2021. [26]

References[edit]

  1. ^ "TAUS Members". Taus.net.
  2. ^ Bert Esselink (2003). The Evolution of Localization (PDF). Guide to Localization. Multilingual Computing and Technology. Archived from the original (PDF) on September 7, 2012. In a nutshell, localization revolves around combining language and technology to produce a product that can cross cultural and language barriers. No more, no less.
  3. ^ Ammachchi, Narayan (May 20, 2014). "Lionbridge Acquires Costa Rica's Darwin Zone". nearshoreamericas.com.
  4. ^ DePalma, Donald A (October 14, 2014). "Lionbridge Protects Its Connectivity Strategy with Purchase of Middleware Provider". Common Sense Advisory. Archived from the original on April 6, 2016. Clay Tablet currently supports connections between leading CMSes and Lionbridge's own Freeway, SDL's TMS and WorldServer, SAJAN's Transplicity, Smartling, Welocalize's GlobalSight, Wordbee, and XTM.
  5. ^ "Lionbridge Technologies (LIOX) Completes CLS Communication Acquisition". streetinsider.com.
  6. ^ "Lionbridge to Buy CLS Communication as Market Consolidation Continues". Common Sense Advisory.
  7. ^ "CLS Communication". aihitdata.com.
  8. ^ "Lionbridge acquires Geotext Translations for $11M". owler.com.
  9. ^ "H.I.G. Capital closes Lionbridge Tech buy - PE Hub". PE Hub. May 4, 2017. Retrieved May 15, 2017.
  10. ^ "Lionbridge Will Be a 'Very Different Company', Says CEO John Fennelly". Slator. January 23, 2018. Retrieved February 15, 2018.
  11. ^ "Rory Cowan: Getting the Pace Right". TAUS blog. August 16, 2017. Retrieved February 15, 2018.
  12. ^ "Lionbridge Announces Agreement to Sell Artificial Intelligence (AI) Division". lionbridge. Retrieved January 22, 2021.
  13. ^ "Lionbridge Locations | Office Directory". www.lionbridge.com. Retrieved July 3, 2018.
  14. ^ "Lionbridge Technologies, Inc". Stanford Law School Securities Class Action Clearinghouse. Stanford Law School. Retrieved March 29, 2016.
  15. ^ John Rotterman, Esq. (2007). "DerKevorkian v. Lionbridge Techs, Inc". Immigration Daily. Retrieved June 19, 2013.
  16. ^ "Interpretation service picketed by trade unions, activists". Metro Eireann. July 10, 2008. Retrieved March 29, 2016.
  17. ^ "ITIA Bulletin February 2008". Irish Translators and Interpreters Association Bulletin. Retrieved March 29, 2016.
  18. ^ Dill, Kathryn (March 30, 2015). "The 100 Most Trustworthy Companies In America". Forbes. To create this list, MSCI ESG Research screened more than 5,500 publicly-traded North American companies to identify the 100 that most "consistently demonstrated transparent accounting practices and solid corporate governance."
  19. ^ "Lionbridge Named One of America's Best Large Employers by Forbes". lionbridge. Retrieved January 22, 2021.
  20. ^ a b "Lionbridge Technologies". Forbes. Archived from the original on December 21, 2019.{{cite web}}: CS1 maint: unfit URL (link)
  21. ^ "America's Best Employers For Women 2020". Forbes. Retrieved January 22, 2021.
  22. ^ Lionbridge. "Lionbridge Again Named One of America's Best Employers by Forbes". www.prnewswire.com. Retrieved January 22, 2021.
  23. ^ "Lionbridge Technologies". Forbes. Archived from the original on February 7, 2021. Retrieved July 1, 2021.
  24. ^ Stoller, Kristin (April 20, 2021). "America's Best Employers For Diversity 2021". Forbes.
  25. ^ "Lionbridge Technologies". Forbes. Retrieved July 1, 2021.
  26. ^ Stoller, Kristin (January 11, 2021). "The Top 100 Companies For Remote Jobs In 2021". Forbes. Retrieved January 22, 2021. Lionbridge’s existing work-from-home infrastructure enabled it to successfully pivot to a remote environment when the pandemic began. This has earned the company the top spot on FlexJobs’ eighth annual list of the Top 100 Companies to Watch for Remote Jobs in 2021. The job-search site based its ranking on an analysis of 57,000 companies’ remote-job postings in FlexJobs’ database during 2020.

External links[edit]