Announced
Completed
Financials
Tags
Majority
Single Bidder
Completed
Acquisition
Friendly
Private Equity
Private
Software
Czechia
translation software
software development
Cross Border
Synopsis
The Carlyle Group completed the investment in Memsource, a language translation software provider. Financial terms were not disclosed. "We are excited to partner with Carlyle. At Memsource, we have always been committed to helping our clients optimize their localisation. With Carlyle’s support, we will significantly accelerate the pace at which we bring innovative solutions to our customers. By building on our patented AI technology, we will strive to lead the transformation of enterprise localisation together with Carlyle," David Canek, Memsource Founder and CEO.
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