Lionbridge Technologies, Inc is an American company that provides

translation Translation is the communication of the Meaning (linguistic), meaning of a #Source and target languages, source-language text by means of an Dynamic and formal equivalence, equivalent #Source and target languages, target-language text. The ...

and

localization Localization or localisation may refer to: Biology * Localization of function, locating psychological functions in the brain or nervous system; see Linguistic intelligence * Localization of sensation, ability to tell what part of the body is a ...

services. Based in

Waltham, Massachusetts Waltham ( ) is a city in Middlesex County, Massachusetts, United States, and was an early center for the labor movement as well as a major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, th ...

, the company has operations in 26 countries.

History

Lionbridge was founded in 1996. In 2005, they acquired Bowne Global Solutions, then the largest

provider. In 2014 they acquired Darwin Zone, a digital marketing services agency based in

Costa Rica Costa Rica (, ; ; literally "Rich Coast"), officially the Republic of Costa Rica ( es, República de Costa Rica), is a country in the Central American region of North America, bordered by Nicaragua to the north, the Caribbean Sea to the no ...

, and Clay Tablet Technologies, a content connectivity software firm. In 2015, they acquired Zurich-based CLS Communication, a translation services provider, and Geotext, a legal translation company. In December 2016, it was announced that Lionbridge entered into a definitive agreement to be acquired by

H.I.G. Capital H.I.G. Capital is a Miami, Florida–based private equity and alternative assets investment firm with $53 billion of equity capital under management. The firm operates a family of private equity, growth equity, credit/special situation, primary ...

. The deal was announced closed in May, 2017 and, subsequently, the company was delisted from

Nasdaq The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

. 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. The founder of the company, Rory Cowan, is chairman of the board of directors. In December 2018, Lionbridge fully acquired Tokyo-based Gengo, a

crowdsourced Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digita ...

translation and

artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech re ...

training data provider. In November 2020, Lionbridge agreed with Telus International to sell its artificial intelligence division.

Operations

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

Controversies/court cases

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 The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a United States district court, federal trial court whose geographic jurisdiction encompasses eight counties of New York (state), New York ...

. 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. 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.

Recognition

*2015 - Lionbridge made GMI Ratings' list of ''100 Most Trustworthy Companies in America''. *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. *2018 - Ranked #283 on

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

' list of ''Best Employers for Women 2018''. *2019 - Ranked #282 on Forbes' list of ''America's Best Employers 2019''. *2020 - Ranked #388 on Forbes' list of ''America's Best Employers For Diversity 2020''. *2021 - Ranked #123 on Forbes' list of ''America's Best Employers For Diversity 2021''. *2021 - Named #1 on FlexJobs' list of ''Top 100 Companies to Watch for Remote Jobs in 2021''.

References

External links

* {{DEFAULTSORT:Lionbridge Companies formerly listed on the Nasdaq Translation companies Software companies of the United States Software companies based in Mumbai Companies established in 1996