October 8, 2024, Budapest, HU – memoQ Ltd., a leading translation technology provider, has acquired Globalese GmbH, the developer of a powerful platform for training AI-powered, custom neural machine translation models. With this acquisition, memoQ expands its enterprise translation management solution to include cloud-based and on-premises training and deployment of machine translation.
The Globalese technology complements memoQ’s leading translation management system (TMS). It simplifies the customer journey toward enterprise translation efficiency by creating a complete and secure translation platform from one trusted technology partner. The product will be branded as globalese by memoQ, reflecting the seamless integration and combined strength of both technologies.
“Globalese and memoQ share a passion for creating real customer value through innovation,” says memoQ CEO Peter Reynolds. “Our customers have been asking how we can harness Generative AI to improve the quality of their translations and the speed with which they bring products and services to global markets. We introduced memoQ AGT (Adaptive Generative Translation) last year, but this was only an initial response. The acquisition of Globalese provides a much deeper answer. We are particularly excited by their AI-powered Domain Adapted models and the ability for customers to train and host an MT model on-premises. The Globalese team is incredibly talented and knowledgeable, and we are looking forward to building the next generation of translation technology with them.”
“We have been telling language technology providers that it is imperative that they deliver a full range of AI services to meet the increasing diversity of enterprise requirements for global and multilingual content. The merger of memoQ and Globalese will enable the combined company to respond more effectively to these needs.” adds Alison Toon of CSA Research.
Similarly to the memoQ product portfolio, the Globalese MT and AI platform is designed with user-friendliness in mind, making the process of training machine translation models as simple and intuitive as possible. For everyone from seasoned NLP engineers to newcomers in the translation and localization space, the Globalese platform is easy to use and navigate. Globalese provides connectivity with popular translation management systems through plug-ins, as well as API access to full MT functionality for easy integration into existing translation workflows.
“Working closely with memoQ will open up opportunities that Globalese could only dream of before,” says Globalese CEO Gábor Bessenyei. “In addition to leveraging generative AI and large language models (LLMs), the next evolutionary step in machine translation will be the integration of TM and MT technologies. Joining memoQ will allow us to explore new directions and create the next generation of MT solutions, providing a secure translation platform that now includes customizable machine translation in both on-premises and cloud environments.”
“As a company who has been using both Globalese and memoQ independently for over 10 years, we are enthusiastic about the merger of Globalese and memoQ.” shares Henry Wondergem, Translations Director at Infor. “We anticipate even more streamlined and effective integrated translation workflows, allowing us to better serve our global audience.”
The globalese by memoQ machine translation solution will be available to customers independently of memoQ products, as well as from within memoQ as an integrated solution. With the acquisition, memoQ is poised to deliver a more powerful, efficient translation solution, further solidifying its leadership in the industry, and reaffirming its commitment to its customers’ global business success.
About memoQ
memoQ is a leading collaborative translation environment and TMS delivering premium solutions to the translation industry since 2004. memoQ is dedicated to providing innovation through diverse developments and generative AI, empowering hundreds of thousands of enterprises, translation companies, and freelance translators worldwide.
Keeping in mind both simplicity and effective translation processes, memoQ leverages its ease of use, collaboration, and interoperability in one complex solution. Discover a new world with memoQ!
For more information, visit globalese by memoQ site.
