Dealmaker Stuns with $10M Donation for Translation Education
Florian and Esther discuss the language industry news of the week, breaking down Slator’s 2025 Language Service Provider Index (LSPI), which features nearly 300 LSPs and reports 6.6% combined growth in 2024 revenues, totaling USD 8.4bn. Florian touches on a surprise USD 10m donation from private equity executive Mario Giannini to launch a new MA translation and interpreting program at California State University, Long Beach. The duo talks about McKinsey’s State of AI report , which continues to classify translators as AI-related roles and shows that hiring them has become slightly easier. In Esther’s M&A corner, TransPerfect announced two acquisitions, Technicolor Games and Blu Digital Group, further expanding its presence in gaming and media localization. In Israel, BlueLion and GATS merged to form TransNarrative, and Brazilian providers Korn Translations and Zaum Langs joined forces under the Idlewild Burg group. Me...