TransPerfect Acquires Minority Stake in G3 Translate
Summary
The deal reunites G3 Translate Co-Founder and CEO Nancy Hernon with TransPerfect, where she had earlier spent five years in a management role. The investment by TransPerfect is expected to fuel G3s growth and allow the company’s clients to benefit from TransPerfect’s GlobalLink suite of technology solutions. It’s immensely satisfying to be reunited with such an amazing group of people.” Kristyna Marrero, TransPerfect’s Vice President of Production, said, “We are extremely excited about the benefits that this partnership will bring to our clients and the teams at G3 Translate and TransPerfect. G3’s industry expertise combined with TransPerfect’s widely used technologies and global network of resources will allow us to provide enhanced service offerings with industry-leading efficiency.” TransPerfect President and CEO Phil Shawe remarked, “Having worked with Nancy for many years, I view this transaction as a bit of a homecoming. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide.