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TransPerfect completed the merger with Semantix for c.$97m.

Synopsis

TransPerfect, a provider of language and technology solutions for global business, completed the merger with Semantix, a provider of translation and interpretation services, for c.$97m. "We have competed against Semantix in the Nordics for more than 15 years and have admired their leadership position and strong reputation. It is exciting to have them as part of our rapidly growing global team and to work together to achieve great things for our customers. We welcome everyone at Semantix to the TransPerfect family, which will be a homecoming for some staff members who have worked with TransPerfect in the past,” Phil Shawe, TransPerfect President and CEO.

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