Localization Today

A Dynamic Year for Mergers and Acquisitions: Consolidation Meant Growth for the Language Industry in 2024


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By Jonathan Otis

After a significant slowdown in 2023, the language sector’s M&A landscape rebounded this year, with nearly every language service provider that generates over $50 million annually completing at least one acquisition. This deal-making boom reflects not only the economic, political, and technological tides influencing industries worldwide, but also specific forces driving LSP consolidation.

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