RWS Holdings acquired Moravia for $320m.

RWS Holdings, a world leading provider of intellectual property support services, acquired Moravia, a leading provider of technology enabled localisation services, for $320m. Commenting on the proposed Acquisition, Andrew Brode, Chairman of RWS, said: “We are delighted to announce the proposed acquisition of Moravia which will greatly increase our exposure to the high growth technology sector, will add a third market leading business of scale to the Group and will extend our global presence. Its focus on addressing its clients’ large, complex and time-critical localisation requirements across more than 160 languages and multiple platforms will be an excellent fit alongside our existing market leading intellectual property and life sciences services."