Wednesday, January 05, 2011

Italian Leading LSPs Arancho and Ic.Doc Merge

As I predicted a few weeks ago, the consolidation movement in the language industry kicked off early. Today, Roberto Ganzerli and Susan West, respectively CEOs of Arancho and Ic.Doc announced the formation of Arancho Doc srl.

Susan West & Roberto Ganzerli
The new entity will combine the talents of companies that excel in software localization, technical documentation, life sciences, and CMS integration in nine offices in seven countries (Italy, Belgium, Czech Republic, Finland, Japan, Spain, and Switzerland).

Arancho Doc will be run by Roberto Ganzerli (Chief Strategy Officer) and Klaus Haase (COO) and will be headquartered in Bologna. The combined organization has 90 employees and approximately €8.5 million in revenues.

After the successful integration of the Czech LSP Donatello last year, Arancho Doc is now looking to expand into Germany and the United States through strategic mergers or acquisitions.

I always thought that Arancho's unique strategy of growing in peripheral markets was very smart. I loved the fact that the company headquartered in Rimini (Federico Fellini's birthplace) had offices in Barcelona and Helsinki, before venturing into more traditional and highly competitive locations like Brussels and Prague. Now, with the addition of Ic.Doc, the organization adds more cosmopolitan Zurich and Osaka to their list of locations.

Let's see who is next.

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