CNBC.com - June 29, 2011
NEW YORK and TEL AVIV – TransPerfect, the world’s largest privately held language services provider, today announced the acquisition of Milim Writing & Translation Services Ltd. Based in Tel Aviv, Milim specializes in translation, localization, desktop publishing, and technical writing services, with particular expertise in right-to-left languages.
Milim will become a division of TransPerfect and will continue to be led by Founder and President Benny Orr, who will join TransPerfect's senior management team. Since its founding two decades ago, Milim has become one of Israel’s leading translation companies, with major clients in high-tech, defense, government, and automotive.
“We are excited to be joining one of the world’s pre-eminent language services companies,”said Benny Orr. “TransPerfect has done an exceptional job making us feel welcome and helping us integrate with their global team. Milim will continue to provide our current clients with the same quality and service they’ve come to expect, but now we will be backed by the broad resources, technology, experience, global footprint, and capabilities that TransPerfect offers.”
According to TransPerfect Co-CEO Liz Elting, “Milim had the characteristics we look for in a merger partner: deep industry expertise, strong service orientation, and razor-sharp focus on returning quality deliverables. We look forward to working with their management team to the benefit of our combined clients.”
About Milim
Founded in 1987, Milim Writing & Translation Services Ltd. is one of Israel’s premier language service providers. With a focus on business flexibility, professionalism, and technical accuracy, Milim delivers individualized solutions to clients in highly specialized industries such as automotive, aerospace, software, electronics, and communication. Milim’s linguistic expertise includes Hebrew, Arabic, Farsi, Russian, Spanish, and German, as well as a number of other Middle Eastern and Eastern European languages. To learn more, visit www.milim.co.il.
About TransPerfect
With revenue of over $250 million, TransPerfect is the largest privately held language services provider in the world. From offices in 67 cities on 5 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. With a global network of over 4,000 linguists and subject-area specialists, TransPerfect is the largest translation company to be fully ISO 9001:2008 and EN 15038:2006 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.