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Announced

Completed

ChapsVision completed the acquisition of SYSTRAN.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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artificial intelligence

translation technology

France

machine translation

Software

Acquisition

Majority

Private

Domestic

Friendly

Single Bidder

Completed

Synopsis

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ChapsVision, a sovereign data processing firm, completed the acquisition of SYSTRAN, a pioneer in machine translation technologies. Financial terms were not disclosed. “We are delighted to welcome SYSTRAN to the ChapsVision Group. This strategic acquisition strengthens our position as a leader in data processing and allows us to enrich our portfolio of solutions with innovative machine and instant translation capabilities to better serve the needs of businesses and governments. We are also very proud, through this operation, to bring back under French flag this technological nugget hitherto owned by Korean funds," Olivier Dellenbach, ChapsVision CEO.

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