NEW YORK and MADRID, Oct. 20,
2019 /PRNewswire/ -- TransPerfect, the world's largest
provider of language and technology solutions for global business,
today announced the acquisition of Sublime Subtitling &
Translation. Financial terms of the agreement were not
disclosed.
Founded in Madrid in 2017 by
partners Sevan Bruce Nazarian, Marta
Román, Iván Poveda, and Luisana León, Sublime specializes in
audiovisual translation and subtitling for global entertainment
clients.
TransPerfect has grown rapidly in the media space, including
recently announced deals to acquire Lylo, Lassostudios, and AGM
Factory. The company has invested heavily in providing the most
advanced dubbing, voiceover, and subtitling services, including
AI-powered solutions, to clients via its Media.NEXT technology
platform. Welcoming Sublime to the TransPerfect family of companies
complements its existing infrastructure—which includes
TransPerfect's Barcelona-based
studios and Lassostudios' Madrid
facility.
The founding partners will continue to lead the division and
will join TransPerfect's senior management team, where they will
advise on overall company production strategy for media and
entertainment. All current employees are expected to remain with
the company, and the division will report to TransPerfect's Senior
Vice President Barnaby Wass based in
Barcelona.
Nazarian remarked, "By combining the know-how and expert
subtitling resources of the Sublime team with the technologies and
resources of the TransPerfect team, we will now be able to do what
we do best on a much larger scale and in a more cost-effective
manner. Together, we are better equipped to meet the challenges of
our growing industry and offer our clients the best possible
solutions."
TransPerfect President and CEO Phil
Shawe stated, "Sublime is a fresh and dynamic agency that
has quickly grown into a respected player in media localization.
We're delighted to welcome their team to our family of
companies."
About Sublime
Sublime is a boutique media localization agency based in
Spain, made up of young and
passionate industry experts offering a wide range of end-to-end
localization services with an ISO 9001 certified process across 35
languages to key actors of the media industry. Our mission is to
bridge human beings by breaking through language and cultural
barriers. For more information, visit
www.sublimesubtitling.com.
About TransPerfect
TransPerfect is the world's
largest provider of language and technology solutions for
global business. From offices in over 90 cities on six continents,
TransPerfect offers a full range of services in 170+ languages to
clients worldwide. More than 5,000 global organizations employ
TransPerfect's GlobalLink® Product Suite to
simplify management of multilingual content. With an unparalleled
commitment to quality and client service, TransPerfect is fully ISO
9001 and ISO 17100 certified. TransPerfect has global
headquarters in New York, with
regional headquarters in London
and Hong Kong. For more
information, please visit our website at www.transperfect.com.
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SOURCE TransPerfect