SDL acquires Idiom
SDL continues to execute its growth and expansion strategies with today's announcement that it has acquired Idiom for approximately $22 million US. The current plan is to operate the Idiom business as an autonomous unit under the direction of Idiom CEO Mike Iacobucci.
The acquisition raises all kinds of questions, of course. Idiom is one of the companies with big potential to bring innovation to the language services industry, which has been ripe for change for some time now. More resources to execute could mean more value for customers sooner. Will the Idiom technology (and SaaS offer) reach its full potential as an agent of change under SDL? What about the impact on buyer choice -- how will the acquisition affect companies coming into the market? Stay tuned for analysis of these and other key questions coming out of today's news.
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For good or ill, this is an important event in the translation industry. Check out the Alternatives to the SDL/Idiom GMS (Globalization Management System).