Russian LSP AWATERA Bolts on Remote Simultaneous Interpreting Platform SPEAKUS
While many were busy enjoying the festivities of late December, AWATERA executives had another reason to celebrate. The Russia-based language service provider (LSP) merged with Ireland-headquartered company SPEAKUS, a cloud-based remote simultaneous interpreting (RSI) provider, on December 25, 2019.
AWATERA CEO Alexey Shesterikov told Slator that the transaction involved a share-swap, and that the owners of SPEAKUS have now become minority shareholders in the combined company.
Run on a mid-size LSP model, AWATERA services medium- to large-scale national and international businesses. The company is one of the largest of its kind in Russia and generated revenues of USD 19.4m in 2018.