[News Article] SDL buys Germany-based Passolo
Thread poster: Valentini Mellas

Valentini Mellas  Identity Verified
Local time: 21:59
English to Greek
+ ...
Jun 19, 2007

SDL buys Germany-based Passolo for 2 mln eur in cash and shares

LONDON (Thomson Financial) - SDL PLC said it has acquired Germany-based PASS Process Automation Software Systems Engineering GmbH, or Passolo, for 2 mln eur in cash and shares.

SDL, a translation technology specialist, will pay 1 mln eur in cash and issue up to 160,728 shares to fund the balance.

Passolo's technology will allow for the easy translation of the user interface of software products based on Microsoft .NET, which companies use to deliver web-based applications to their customers, SDL said. TFN.newsdesk@thomson.com ypv/faj/slj

(Source: http://www.hemscott.com/news/latest-news/item.do?newsId=45163729015297)

Direct link Reply with quote

There is no moderator assigned specifically to this forum.
To report site rules violations or get help, please contact site staff »

[News Article] SDL buys Germany-based Passolo

Advanced search

Manage your TMs and Terms ... and boost your translation business

Are you ready for something fresh in the industry? TM-Town is a unique new site for you -- the freelance translator -- to store, manage and share translation memories (TMs) and glossaries...and potentially meet new clients on the basis of your prior work.

More info »
Déjà Vu X3
Try it, Love it

Find out why Déjà Vu is today the most flexible, customizable and user-friendly tool on the market. See the brand new features in action: *Completely redesigned user interface *Live Preview *Inline spell checking *Inline

More info »

  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search