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welocalize & park merge to form $100

Hello Welocalize Community,

I have exciting news! I am happy to announce our merger with a company called Park IP Translations.

Combined, we are now over $100 million in sales with 12 offices and nearly 600 people worldwide!

This is an extraordinary milestone for all of us, and I want to recognize the support of our clients, staff and partners in this great accomplishment.

For your information, here is a question and answer summary:

Q: What does Park do?

A: Park is one of the top providers of translation services in the legal field including patent translations, litigation support, mergers & acquisitions and contracts.

Q: Will Park keep their name and existing team?

A: Yes, the existing Park management and staff will remain in place. They will operate as a Welocalize subsidiary, and they will continue with the Park name.

Q: What size is Park?

A: They have 35 employees and approximately $25 million in sales.

Q: What do we have planned?

A: We plan to use our merger as a way to offer our respective clients a larger variety of translation/localization services and technology.

Q: Are there any changes at Welocalize related to the merger?

A: No, there are no Welocalize changes associated with the merger other than now being able to offer legal translation services to our clients and the addition of the Park offices and staff in New York City and Beijing.

Thank you again for your support!

Smith

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