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The Carlyle Group to invest in translation software provider

The Carlyle Group has recently acquired a majority stake in Memsource, a cloud-based translation firm that assists the language services industry and global corporations to automate localisation of large volumes of multilingual content.

Memsource was recently ranked as the most viable Translation Management System by CSA Research in 2019 and it currently has more than 120 people in offices across Europe, US and Japan.

The investment will support the company to accelerate growth across all prominent markets.

Source: Carlyle


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