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Russian LSP AWATERA Bolts on Remote Simultaneous Interpreting...

Russian LSP AWATERA Bolts on Remote Simultaneous Interpreting...

  • 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.
  • https://slator.com/ma-and-funding/russian-lsp-awatera-bolts-on-remote-simultaneous-interpreting-platform-speakus/

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