#202 Insider Reveals Super Agency May Plan Multi-Billion Dollar IPO

SlatorPod

Florian and Esther discuss the language industry news of the week, with Women in Localization opening a new chapter in Switzerland and SlatorCon coming to Silicon Valley on September 5th.
Florian shares insights from RWS’ Annual General Meeting, where under the new leadership of Chairman Julie Southern, the language service provider (LSP) highlighted its resilience amid global uncertainty.
Esther gives an overview of the financial results for AMN Language Services and Ai-Media, with the former reporting strong performance for its language services and the latter attributing its revenue increase to an ongoing shift to its SaaS offering.
Versacom, a prominent Canadian LSP, announces a minority investment from Norea Capital, with plans to focus on AI-enhanced solutions. Meanwhile, an investment banking industry insider revealed Iyuno may go public, targeting a valuation range between USD 2.25 bn and USD 3 bn.
Over in the US, Boostlingo recorded a 60% year-over-year increase in annual recurring revenue in 2023, highlighting the thriving demand for interpreting services.
The podcast concludes with the recent launch of Green Terp Unveils GT Enhancer, a tool designed to assist human interpreters by removing background noises such as dog barks and baby cries.

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1. Intro and Agenda (00:00:00)

2. RWS' AGM Statement (00:02:58)

3. AMN Language Services Grows by Double Digits (00:05:23)

4. Ai-Media’s Shift to SaaS Starts to Pay Off (00:09:11)

5. Norea Capital Acquires Stake in Versacom (00:11:25)

6. Iyuno Reported to be Considering IPO (00:15:26)

7. Boostlingo Records 60% ARR Growth in 2023 (00:18:08)

8. A New SaaS Tool to Aid Human Interpreters (00:20:32)