TransPerfect Acquires SPEEECH
Deal News | Mar 27, 2025 | Globenewswire
TransPerfect, recognized as the world's largest provider of language and AI solutions, has acquired SPEEECH Audiolingual Labs, a dubbing and localization studio based in Munich, Germany. SPEEECH will integrate into TransPerfect Media, which represents TransPerfect’s media and entertainment arm. This acquisition is expected to enhance TransPerfect's service offerings in the German-speaking markets and in global media localization. Although the financial terms of the acquisition were not disclosed, the deal signifies a strengthening of TransPerfect Media's capabilities. SPEEECH's robust infrastructure, including six recording studios and two mixing rooms, will support TransPerfect’s work in films, series, games, and other multimedia content. Stephan Kleinschmidt, the founder of SPEEECH, affirmed that joining TransPerfect would allow SPEEECH to scale its offerings using TransPerfect’s comprehensive resources and advanced technology. Kleinschmidt will assume the role of division president within TransPerfect Media Germany. Phil Shawe, President and Co-CEO of TransPerfect, highlighted the strategic value of this acquisition in augmenting their capabilities to serve the entertainment industry better. This acquisition underscores TransPerfect’s strategic initiative to leverage technology and expertise in delivering locally nuanced content worldwide.
Sectors
- Media Localization
- Entertainment Industry
- Language Services
Geography
- Germany – SPEEECH is based in Munich, Germany, and specializes in German language adaptations, making Germany central to this acquisition.
- United States – TransPerfect is headquartered in New York, signifying its U.S. roots and emphasis on expanding its global footprint from America.
Industry
- Media Localization – The acquisition involves companies specializing in media localization services, which are critical for adapting content like films, series, and games for different linguistic and cultural audiences.
- Entertainment Industry – Both TransPerfect and SPEEECH operate services related to the entertainment sector, focusing on content production, adaptation, and distribution.
- Language Services – TransPerfect and SPEEECH are involved in providing language solutions, including dubbing, translation, and localization, targeting a global audience.
Financials
- Not Disclosed – The financial terms of the acquisition between TransPerfect and SPEEECH Audiolingual Labs were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TransPerfect | Bidding Company | Company | The world's largest provider of language and AI solutions, with a division focused on media. |
| SPEEECH Audiolingual Labs | Target Company | Company | A Munich-based studio specializing in media localization, joining TransPerfect Media through acquisition. |
| Stephan Kleinschmidt | Division President | Person | Founder and Managing Director of SPEEECH who will take on the role of division president of TransPerfect Media Germany. |
| Phil Shawe | President and Co-CEO | Person | President and Co-CEO of TransPerfect, overseeing the integration and expansion of TransPerfect Media. |