Lionbridge acquires Clay Tablet Technologies
Lionbridge Technologies, a Waltham, Mass.-based provider of translation, online marketing, content management and application testing solutions, has acquired Clay Tablet Technologies, a Toronto, Canada-based provider of integration software that connects content management systems with translation processes and technologies.
Lionbridge has partnered with Clay Tablet for over five years to provide connectors that link its translation processes and technologies with clients’ content systems from partners such as Adobe, Sitecore and Microsoft. By acquiring Clay Tablet, Lionbridge is able to provide a complete portfolio of services and technologies that enable clients to seamlessly create, manage and optimize global digital customer experiences across every channel including web, email and social media platforms.
“With the proliferation of web content and cloud architectures, content and communications require continuous updates across languages and channels. This global, real-time engagement requires both proven, global connectivity software and market-leading translation processes,” said Rory Cowan, Lionbridge CEO. “We will build on Clay Tablet’s market-leading connector and web content platform technologies to broaden our global digital marketing offerings across content systems and vertical markets.”
Lionbridge expects the acquisition to be neutral to earnings in 2014 and modestly accretive to earnings in 2015, including minimal acquisition and integration costs.