Holland & Hart represented Utah-based Lingotek Inc., a technology-driven translation services company, in its acquisition by Straker Translations, a leading global translation services platform.
Lingotek has well-established enterprise relationships and its own highly innovative technology, including advanced translation connectors and a cloud-based translation management system. This acquisition consolidates and extends Straker’s presence in the multi-billion-dollar US translation market, establishing new relationships with 20 global enterprises. Combining with Straker, Lingotek will have a global channel for its SaaS platform and innovative technology, and its customers will benefit from having a global supplier with productivity enhancing technology and a world leading service offering.
Holland & Hart’s transactional team was led by Salt Lake City-based corporate partner Marc Porter and included assistance from Scott Baird, Matthew Cavarra, and Sara Shelly.
For more information, please see Lingotek’s announcement and Straker’s press release.
Holland & Hart’s Corporate attorneys have extensive experience advising clients at all stages of development, from start-up to public companies, in a diverse range of industries, including technology, finance, healthcare, energy and resources, gaming, outdoor recreation, animal health, construction and building materials, aerospace, and food, beverage, and consumer products industries.