Announced
Completed
Financials
Tags
United States
data services
Acquisition
Private
artificial intelligence
IT Services: Other
Majority
Friendly
Single Bidder
Cross Border
Completed
Synopsis
TELUS, a digital customer experience innovator, completed the acquisition of Lionbridge AI, a provider of crowd-based training data and annotation platform solutions, for $935m. “We are excited to be welcoming the entire Lionbridge AI team to our TELUS International family. The addition of its industry-leading data annotation capabilities to our suite of next-generation digital solutions will support the expansion of our global service offerings and our penetration into the fast-growing new economy services market as we continue to advance our digital transformation strategy,” Jeff Puritt, TELUS President and CEO.
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