Lionbridge Technologies Inc. Bridges Language Gap for Global Businesses

Strategic Insights -

Lionbridge Technologies Inc. (Nasdaq: LIOX) is a leading provider of translation, globalization, and testing services for companies in the consumer products, financial, information technology, life sciences, and telecommunications industries. The company's mission is to bridge the language gap by tailoring materials for international use, preparing them for individual languages and cultures. Lionbridge's clients include Microsoft, Hewlett-Packard, IBM, and Merck, with the software giant accounting for approximately 20% of the company's sales.

The company's translation services account for more than 80% of its sales, and in addition to these services, Lionbridge also tests web sites, software, and hardware to ensure their quality. Lionbridge recently released its second-quarter results, which saw its shares increase by 7%. The company will announce its third-quarter results on November 7, 2006.

Key Takeaways:

  • Lionbridge Technologies Inc. offers translation, globalization, and testing services for companies in various industries, with a focus on bridging the language gap.
  • The company's clients include Microsoft, Hewlett-Packard, IBM, and Merck, with Microsoft accounting for approximately 20% of its sales.
  • Lionbridge's translation services account for more than 80% of its sales, with testing services making up the remaining portion.
  • The company recently released its second-quarter results, which saw its shares increase by 7%.
  • Lionbridge will announce its third-quarter results on November 7, 2006.
  • The company's services enable clients to tailor materials for international use, preparing them for individual languages and cultures.
  • Lionbridge's testing services ensure the quality of web sites, software, and hardware for its clients.

Statistics:

  • Lionbridge's translation services account for more than 80% of its sales.
  • The company sells its services to clients in the consumer products, financial, information technology, life sciences, and telecommunications industries.
  • Microsoft accounts for approximately 20% of Lionbridge's sales.
  • Lionbridge's shares increased by 7% following the release of its second-quarter results.

Sources:

  • M2 PressWIRE-31 July 2006-bellwetherreport.com: Bellwetherreport.com is tracking Lionbridge Technologies Inc.
  • Nasdaq: LIOX
  • M2 Communications Ltd.
  • Bellwetherreport.com