XTM International completed the acquisition of TXTOmedia.

XTM International, a provider of localization technology, completed the acquisition of TXTOmedia, an AI-powered global video automation company. Financial terms were not disclosed. “At TXTOmedia we are thrilled about the opportunities ahead of us. Being part of the XTM family enables us to integrate technologies to increase value for existing and new customers. As an XTM partner our technology has already been integrated with XTM Cloud and Rigi. Deeper integrations will further streamline content creation, localization and publishing processes. At TXTOmedia we believe in ‘education for all’. We strongly feel that language should enable people to learn and understand, and not be a barrier. Becoming part of the XTM family is a huge leap forward toward achieving this goal,” Wouter Maagdenberg, TXTOmedia CEO.