8th Jul 2005 07:00
SDL PLC08 July 2005 SDL Completes TRADOS Acquisition Appointment of Non-Executive Director Creates world leading Global Information Management company Maidenhead, UK - 8th July 2005 - SDL plc ("SDL"), the world's leading providerof global information management solutions, announced today the completion ofits acquisition of TRADOS, Inc. ("TRADOS") following approval by SDL and TRADOSshareholders. As a result of this acquisition, SDL is uniquely positioned to support growth inthe $8bn market for global information management software and services. Theenlarged group enables businesses to manage global content through its completelifecycle, with: • Over 5 years' experience deploying web-enabled enterprise solutions with proven ROI • At least 100,000 software licenses deployed right across the localization supply chain • A global services infrastructure of 700 in-house translators employed in 30 countries, providing the world's largest integrated linguistic services infrastructure in the world. This is supplemented by 500 professional support staff, 200 of which are based in low cost centres SDL's market-leading support for industry standards enables easy integration ofglobal information flows with existing enterprise systems. Global businesseshave complete flexibility to automate and outsource business processes asrequired, empowering them to: • Enforce brand consistency while being sensitive to local culture and terminology • Improve quality by sharing translation assets, such as terminology and translation memory, across the entire localization supply chain • Shorten time-to-market by leveraging translation assets across the complete information lifecycle from authoring to publication • Gain visibility and control over fragmented localization processes Commenting on the completion of the acquisition, Mark Lancaster, Chairman andCEO of SDL, said, "Key global businesses, such as Philips, HP, SAP and MorganStanley have increased international revenues and profitability using solutionsfrom SDL and TRADOS. Now we are offering even greater flexibility fororganizations to choose the right combination of technology, language andprofessional services to meet their global information management needs." Structure of the enlarged group SDL has aligned itself with customer needs by segmenting technology and servicesin the enlarged group. Joe Campbell has been appointed to SDL's Board of Directors as a non-executivedirector, adding a considerable level of expertise in enterprise software salesand US market knowledge. Joe also brings years of experience with the USfinancial markets and M&A activity. Most recently, prior to TRADOS, he was COOof iManage, a publicly traded company on the NASDAQ. In his tenure, he helpedlead the company in obtaining significant growth in revenue, profit andshareholder value, which ultimately lead to the sale to Interwoven. Keith Mills is promoted to President Technology division, with responsibilityfor SDL's complete technology portfolio. Clive Thomas, as Vice PresidentWorldwide Enterprise Sales, will provide leadership to the SDL resources focusedon enterprise software and solution sales. Keith Laska is promoted to VicePresident Worldwide Desktop Sales and Marketing and will focus his resources oncontinuing to provide world-leading technology solutions and superior customerservice to all organizations involved in the localization supply chain.Management of the Localization division remains unchanged. Jochen Hummel is appointed General Manager EMEA (technology division) with afocus on technology architecture and ensuring SDL continues to serve the needsof SDL's major customers within the localization supply chain. About SDL plcSDL plc (London Stock Exchange: 'SDL') is the world's leading provider of globalinformation management solutions that empower organizations to improve thequality and accelerate the delivery of multilingual content to global markets.Its enterprise software and services integrate with existing business systems tomanage global information from authoring to publication and throughout thedistributed localization supply chain. Global industry leaders such as Audi, Bayer, Bosch, Canon, Deutsche Bank, Kodak,Microsoft, Morgan Stanley, Reuters, SAP and Wal-Mart rely on SDL to provideenterprise software or full outsourcing for their global information managementprocesses. Following its acquisition of TRADOS, SDL has over 100,000 softwarelicenses deployed and its global services infrastructure spans more than 50offices in 30 countries. For more information, visit www.sdl.com. For further information, contact: SDL plc Tel: 01628 410 127Mark Lancaster, Chief Executive Financial Dynamics Tel: 020 7831 3113Edward Bridges/Juliet Clarke All trademarks are the property of their respective owners. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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