#245 Dealmaker Wows with 10M Translation Education Gift

Florian and Esther discuss the language industry news of the week, breaking down Slator’s 2025 Language Service Provider Index (LSPI), which features nearly 300 LSPs and reports 6.6% combined growth in 2024 revenues, totaling USD 8.4bn.Florian touches on a surprise USD 10m donation from private equity executive Mario Giannini to launch a new MA translation and interpreting program at California State University, Long Beach. The duo talks about McKinsey’s State of AI report, which continues to classify translators as AI-related roles and shows that hiring them has become slightly easier.In Esther’s M&A corner, TransPerfect announced two acquisitions, Technicolor Games and Blue Digital Group, further expanding its presence in gaming and media localization. In Israel, BlueLion and GATS merged to form TransNarrative, and Brazilian providers Korn Translations and Zaum Langs joined forces under the Idlewild Burg group.Meanwhile, in funding, Teleperformance invested USD 13m in Sanas, a startup offering real-time accent translation for call centers to improve global communication. Lingo.dev raised USD 4.2m, while Dubformer secured USD 3.6m to develop the ‘Photoshop of AI dubbing’.Florian shares insights from Slator’s 2025 Localization Buyer Survey, which found that over half of buyers want strategic AI support from vendors and many cite inefficient automation as a key challenge.