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投行系列:Transco Merges with Welocalize(转贴) |
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安普若 [博客] [个人文集]
头衔: 海归元勋 声望: 大师 性别: 加入时间: 2004/02/21 文章: 26038 来自: 中国美国的飞机上 海归分: 4196257
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作者:安普若 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Transco Merges with Welocalize
The latest announcement at Transco News announced the merger of Welocalize and Transco. There might be colleagues within and outside the localization industry who would like to know more about the merger and how it will bring something new to all of us.
Welocalize has no office in China even after the two mergers of Connect Global and M2 Enterprises. That leads to a natural wondering that Welocalize will seek presence in this high potential market. As a rising service provider based in Beijing, Transco grows steady and stable during the years, having its own client basis and operates unique in the area. A perfect match at first fact.
The transition completed successfully with no surprise. I guess there might be no surprise by the merger but there will be surprises by the smooth transfer. Both sides are open-minded to changes, and in practice there are very few changes and the transition finishes with a predicated success. There are some basic factors which influence/lead to the successful outcome, and the following points will be among them:
Transco and Welocalize have different clients with no overlap. The merger makes a new company which equals Transco + Welocalize, which will better serve both existing and future clients. Of course, existing clients have some privileges to reach it. And future clients will reach what they expect with the new Welocalize.
The two companies share similar organizational culture. Improving with great passion and sharing some basic values, both are improving organizational performance successively.
Transco operation will be relatively independent. Adhering to its previous promises of offering efficient and sufficient localization solutions to its clients, Transco is still serving them with the same policy and process, even the same contacts. There are gaps between Welocalize and Transco pricing systems, and they will still be in independent, as a long-term plan.
Transco is not over-staffed, therefore no staff draining and with the production needs there are employees added during the merger. Usually, merger resulted unstable situations mainly caused by integration of client interfaces and staff cutting.
New Welocalize will offer both existing clients and future clients a global service with a full package of engineering, localization, translation and testing solution. Current clients will be entitled to services with no changes, staying stable and unchanged with the previous promises and agreements. New Welocalize will reach over $30 million in revenue, with over 250 employees in seven offices in major markets.
With the changes within localization industry in the past 14 months, starting with SDL and Lionbridge, but not ending with Welocalize and Transco, everyone is seeking a way out, either it's an exit strategy or an enlarging plan, to stay stable or at least for a survival. As the leader in middle tier companies, new Welocalize will be a bright star in the GILT industry, keep an eye on it
https://www.betterlocalization.com/index.php?itemid=93
作者:安普若 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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- 投行系列:Transco Merges with Welocalize(转贴) -- 安普若 - (3100 Byte) 2006-10-19 周四, 16:15 (2065 reads)
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