Translations.com and Wordfast Strengthen Alliance in Translation Memory Software...
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Translations.com and Wordfast Strengthen Alliance in Translation Memory Software Development
New Agreement Will Focus Development Teams from Translations.com,
Alchemy Software Development, and Wordfast on Next-Generation
Enterprise Translation Technology
NEW YORK & DUBLIN, Ireland & PARIS--(Business Wire)--
Wordfast LLC, the second largest provider of translation memory
software, and Translations.com, a world leader in enterprise-wide
translation workflow solutions, today announced an expansion of their
existing alliance. Under the new agreement, the two companies, which
began developing compatible tools 24 months ago, will begin a new era
of cooperation that will include joint marketing programs, a tighter
integration of products, and collaboration with Alchemy Software
Development.
This alliance will achieve the common goal of fostering innovation
and choice in translation memory and translation workflow solutions.
In the near future, corporate customers, agencies, and end-users can
expect a far better user experience than the translation-related
software tools market currently offers. By providing the three
development teams a new level of openness, and enabling them to work
more collaboratively, Translations.com, Alchemy, and Wordfast expect
to accelerate the pace at which new, compelling, and compatible
translation software solutions are made available to consumers. With a
combined customer-base of over 30,000 licensed end-users and over 100
enterprise-level corporate clients, the alliance is expected to bring
a roadmap of unprecedented clarity to the future of software
development in the translation industry.
"This partnership will help unleash the potential of
next-generation TM solutions to users around the world. A fresh
approach, boosted by the market's desire for choice, will help shape a
new computing environment," said Yves Champollion, Chairman and CEO of
Wordfast. "Today's announcement is ambitious. Our vision is to develop
software that works together in such a way that enterprise customers
can employ next generation workflow solutions, while end-users can
choose the platform they are most comfortable working in. It's an
exciting time for the translation industry."
As part of the agreement, Champollion of Wordfast will work with
Translations.com to enhance its existing suite of TM tools. In return
for his advisory work, Wordfast will receive an economic interest in
future sales of certain Translations.com products.
"Together, we boast 16 technology products that drive innovation
to all points of the life-cycle of global content. Not only do we have
a collaborative roadmap for product integration, but many customers
are actually already running joint solutions," added Tony O'Dowd,
President of Alchemy Software Development.
Combined software offerings in the Translations.com/Alchemy and
Wordfast alliance include:
The GlobalLink Product Suite
-- GlobalLink Content Director
-- GlobalLink Project Director
-- GlobalLink OneLink
-- GlobalLink On-Line Review
-- GlobalLink Portal
-- GlobalLink Term Manager
-- GlobalLink TM Server
-- GlobalLink TransStudio
ABREVE Content Authoring Environment
-- ABREVE for Microsoft Word
The Alchemy Product Suite
-- Alchemy CATALYST
-- Alchemy PUBLISHER
-- Alchemy Language Exchange
Wordfast
-- Wordfast Classic (for Microsoft Word)
-- Wordfast 6.0
-- Wordfast +Tools
-- Wordfast VLTM
The expanded alliance will further leverage the leadership
position of partners with different specialties. Translations.com,
Alchemy, and Wordfast all share a long tradition of serving clients
that range from the world's leading companies to the individual
translator.
"Competition has always fueled innovation and resulted in better,
faster, and higher-value solutions for customers. Today, much of the
language industry still operates on a code base started roughly 20
years ago for working on DOS. In our relatively small corner of the
world that we call the language industry, the high finances of public
companies can actually stifle competition and innovation by acquiring
promising technology to simply take it off the market. With the
strengthening of our alliance, we will provide customers the best
choice for their technology investments," concluded Phil Shawe, the
CEO of Translations.com.
About Wordfast
Wordfast LLC is the world's second largest provider of translation
memory software solutions. The company currently has over 15,000
active customer deployments in the marketplace. Driven primarily by
the positive reviews of users and industry experts, Wordfast's client
base has grown to include the United Nations, NASA, McGraw-Hill,
Nomura Securities, a wide array of educational institutions, and
thousands of freelance linguists. For more information, please visit
www.wordfast.com.
About Alchemy Software Development
Alchemy Software Development is the developer of Alchemy CATALYST,
Alchemy PUBLISHER and Alchemy Language Exchange. Alchemy CATALYST is
the world's most popular visual localization technology. Eighty
percent of the world's largest software companies use it to accelerate
entry into international markets, improving revenue growth
opportunities, and reducing their costs. With over 20,000 licenses
worldwide, Alchemy CATALYST is the dominant choice among professional
development companies, localization service providers, and global
technology leaders such as Siemens, Corel, Philips, Canon, and Oracle.
Alchemy Software Development has offices in Ireland, Germany, and the
United States. For more information, please visit
www.alchemysoftware.com.
About Translations.com
Translations.com is a leading provider of software, website, and
enterprise-wide localization services, as well as localization-related
technology products. Translations.com solutions allow customers to
conduct business more effectively in international markets. The
company has a global presence on four continents and services a
variety of clients with dedicated practice groups for every major
industry. Translations.com is part of the TransPerfect family of
companies. For more information, please visit www.translations.com.
Translations.com
Candy Moss +1 917.617.0448
Nathan Richards +1 202.641.2520
mediainquiry@translations.com
Copyright Business Wire 2008
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