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Evisort and Linguistic Systems Partner in Contract Translation and Analysis Deal

Evisort and Linguistic Systems Partner in Contract Translation and Analysis Deal | Language Tech Market News | Scoop.it

Evisort and Linguistic Systems, (USA) are combining their cloud-based document analytics and translation technologies to help global organizations analyze legal contracts and business documents in 120 languages.

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@SDL acquires Donnelley Language Solutions in Translation Industry Deal

SDL,  an international provider of services in language translation technology and content management, is to acquire the business and assets of Donnelley Language Solutions ("DLS") for $77.5 million in cash from Donnelley Financial Solutions Inc. 

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Microsoft Acquires Conversational AI Startup Semantic Machines

Microsoft Acquires Conversational AI Startup Semantic Machines | Language Tech Market News | Scoop.it

Microsoft has acquired Semantic Machines to bolster its conversational AI offerings like Cortana, the Azure Bot Service, and Microsoft Cognitive Services. Semantic Machines works in areas like speech synthesis, deep learning, and natural language processing to enables machines “to communicate, collaborate, understand our goals, and accomplish tasks.” It could help Microsoft compete with conversational computing initiatives from Amazon’s Alexa, Apple’s Siri, Google’s Assistant, and Samsung’s Bixby

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@SAP Acquires @Recast.AI to Accelerate Natural Language Processing Capabilities

@SAP Acquires @Recast.AI to Accelerate Natural Language Processing Capabilities | Language Tech Market News | Scoop.it
SAP SE (NYSE: SAP) today announced it is acquiring Recast.AI, a French start-up based in Paris that focuses on conversational user experience technology. The acquisition will allow SAP to accelerate development of its Leonardo machine learning (ML) capabilities that are part of its growing portfolio of intelligent software solutions.
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UK NLP-driven Law Firm @TLT Takes Stake in US @LegalSifter

UK NLP-driven Law Firm @TLT Takes Stake in US @LegalSifter | Language Tech Market News | Scoop.it

UK law firm, TLT, has today announced that it has entered into a strategic, multi-year partnership with Pittsburgh-based legal AI company LegalSifter, which includes a minority equity share in the US business.
The relationship with contract review system LegalSifter will offer a ‘combined intelligence’ solution for contract negotiation to the UK and Ireland market, said the law firm, that will combine the AI company’s NLP technology with their lawyers’ legal expertise.

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Baidu Acquires #NLP Startup Kitt.ai

Baidu Acquires #NLP Startup Kitt.ai | Language Tech Market News | Scoop.it

Baidu has acquired Kitt.ai, a startup based out of Seattle that has developed a framework to build and power chatbots and voice-based applications across multiple platforms and devices.
Kitt.ai’s has released three products,:  Snowboy (“a customizable hotword detection engine”), NLU (“a multilingual natural language understanding engine”), and ChatFlow (a multi-turn conversation engine that we covered here).

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Microsoft to Acquire UK's SwiftKey?

SwiftKey, the UK predictive keyboard developer, is being acquired by MS for $250 million (about £173m), according to the Financial Times.
The London-based startup's advanced autocorrect and next word suggestion research have made its app popular on Androids and, more recently, the iPhone and iPad. But its sustainability has been questioned.

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@TransPerfect Acquires Translation Tech Company @Tauyou

@TransPerfect Acquires Translation Tech Company @Tauyou | Language Tech Market News | Scoop.it

TransPerfect, language and technology solutions for global business, has completed the acquisition of Barcelona-based language technology company Tauyou. Tauyou Founder Diego Bartolome will join TransPerfect's senior technology leadership team as Director of Artificial Intelligence. Financial terms were not disclosed.

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Facebook to Buy UK’s @BloomsburyAI for #NLProc Skills

Facebook to Buy UK’s @BloomsburyAI for #NLProc Skills | Language Tech Market News | Scoop.it

Facebook is said to be acquiring London-based Bloomsbury AI, a startup that has built NLP technology to help machines answer questions based on information gleaned from documents. According to sources, Facebook plans to deploy the company’s team and tech to work on combatting fake news and to tackle other content issues.

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Nuance Buys #ASR Firm Voicebox Technologies

Nuance Buys #ASR Firm Voicebox Technologies | Language Tech Market News | Scoop.it

Quote from expert: "The market wants full dialog capabilities with semantic parsing of what the user is saying, the ability to take actions on the user’s behalf, and multi-turn, contextual response. Voicebox has been a leader in this technology for many years with an impressive white-label conversational assistant shipping in Toyota cars, Samsung phones and other products.”

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Smartsheet Acquires Converse.AI To Accelerate NLU in Conversational Workflows

Smartsheet Acquires Converse.AI To Accelerate NLU in Conversational Workflows | Language Tech Market News | Scoop.it
Smartsheet, a leading cloud-based platform for work execution, today announced that it has completed its acquisition of Converse.AI, a UK-based pioneer in the field of intelligent bots for business automation. With these new capabilities, Smartsheet customers will be empowered with new natural language user experiences and sophisticated workflow automation that can link – with no coding required – across popular messaging platforms and business systems like Slack, Workplace by Facebook, Salesforce, Google, Vonage, Hubspot, and PayPal. The acquisition will enable Smartsheet to use Converse.AI’s chat flow engine to complement and accelerate its workflow automation roadmap, creating new ways for customers to accelerate work execution and innovation.
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Samsung Acquires Greek #TTS Company

Samsung Acquires Greek #TTS Company | Language Tech Market News | Scoop.it

Innoetics, a small Greek firm specializing in voice technologies, has been 100% acquired by Samsung for an undisclosed sum. Itsseven Greek employees will from now on work for the Korean company. According to Emilios Halamandaris, the head and now former owner of Innoetics, the company will cease any commercial activity conducted to date and focus exclusively on further developing the technology it has planned and developed so far.

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ABBYY LS and Traktat Merge to Form Russia’s Largest Translation Provider

ABBYY LS and Traktat Merge to Form Russia’s Largest Translation Provider | Language Tech Market News | Scoop.it
. On June 16, 2017, ABBYY Language Solutions (ABBYY LS) and Traktat announced they are going to combine operations. The merger creates Russia’s largest language service provider (LSP) with pro-forma annual revenues for 2017 of around RUB 1bn (USD 18m). The firm is headquartered in Moscow.
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