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RWS Group

From Wikipedia, the free encyclopedia

RWS Group
Company typeplc
IndustryPatent and commercial translations, localisation, interpreting, patent searches, patent database, translation memory and machine translation technology
Founded1958 (as M.H. Randall & Partners)
HeadquartersChalfont St Peter, Buckinghamshire, U.K.
Key people
Andrew Brode, Chairman
Ian El-Mokadem, CEO
Revenue£356m (2019)
Number of employees
7400
ParentRWS Holdings plc
Websitehttps://www.rws.com/

RWS Group, known commercially as RWS, is a British company that provides intellectual property translation, filing and search services, technical and commercial translation and localization, and develops and supports translation productivity and management software.

History

The company was created in 1982 from a merger between M.H. Randall & Partners (a specialist translation company) and Woolcott & Co (a specialist patent and technical information searching company).[1] In 2005 it acquired Eclipse Translations, a company formed in December 1996. In 2015 it acquired Corporate Translations Inc. (CTi), a Connecticut-based life sciences translation and linguistic validation provider for a $70 million in cash.[2] Then in 2017, the company acquired LUZ, Inc., a US-based life sciences language services provider for $82.5 million: the company raised £40 million of the consideration by issuing 12.1m ordinary shares with the rest funded by a $26.3 million banking facility from Barclays.[3]

In 2017, RWS purchased Czech-based localization provider Moravia for $320 million, more than doubling the size of the group.[4]

On 4 November 2020, RWS completed an all-share combination with major competitor SDL, creating the world's largest technology and language services provider.[5] The transaction was valued at approximately £854 million.[6]

Locations

RWS Group headquarters are in Chalfont St Peter, Buckinghamshire, UK. The Group has production sites in Germany, Japan and China, and offices in Argentina, Australia, Canada, Czech Republic, France, Ireland, South Korea, Sweden, Switzerland and the USA.

Subsidiary companies

Services and products

The company provides intellectual property support services, high-level technical, legal and financial translation services, and develops and sells computer-assisted translation software. Following acquisition of SDL in 2020, the business is split into 4 divisions:
RWS IP Services provides patent search, translation, filing and support services.
RWS Regulated Industries provides translation and validation services for medical drug trials, regulatory affairs, marketing, e-learning and training.
RWS Language Services provides software localization services, and commercial translation and interpreting services.
RWS Language & Content Technology develops, markets and supports software, such as Contenta, Fonto, Language Weaver, Propylon, Tridion and Trados Studio.

References

  1. ^ "About Us: Company History". RWS Group. Retrieved 3 April 2017.
  2. ^ Faes, Florian (2015-11-04). "RWS Doubles Down on Life Sciences and Acquires CTi for $70M". Slator. Retrieved 2018-03-18.
  3. ^ "RWS Holdings: Best kept secret". Walbrock Research. Retrieved 20 June 2017.
  4. ^ "Completion of the Acquisition of Moravia" (PDF). RWS. 2017-11-03. Retrieved 2019-01-28.
  5. ^ "Update on All-Share Combination" (PDF). RWS. 2020-11-04. Retrieved 2020-11-04.
  6. ^ "Recommended All-Share Combination of RWS Holdings plc and SDL plc" (PDF). RWS. 2020-08-27. Retrieved 2020-11-04.
  7. ^ "PharmaQuest". Corporate Translation Inc. Retrieved 3 April 2017.
  8. ^ "Historie" [History]. RWS-Group (in German). Retrieved 3 April 2017.
  9. ^ "Historie" [History]. RWS-Group (in Swiss German). Retrieved 3 April 2017.
  10. ^ "Locations". inovia. Retrieved 3 April 2017.
This page was last edited on 21 December 2023, at 11:14
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