Bowne Sells Globalization Business to Lionbridge for $180M+

Bowne & Co. has agreed to sell its globalization business, Bowne Global Solutions, to Lionbridge Technologies for a total sale price with a minimum value of $180 million. The deal will enable Lionbridge to expand its offerings in translation, localization, technical writing, and interpretation services. Bowne will focus on its core business of financial communications and investor relations services.

Lionbridge Technologies has agreed to acquire Bowne Global Solutions, a move that aims to bolster its presence in the language services market. The acquisition, valued at a minimum of $180 million, will enable Lionbridge to expand its offerings in translation, localization, technical writing, and interpretation services. The deal also aligns with Lionbridge's strategy to grow its market share and enhance its service portfolio [1].

The acquisition of Bowne Global Solutions is expected to strengthen Lionbridge's competitive edge in the language services market. According to Mordor Intelligence, the language services market size is projected to reach USD 81.63 billion in 2025 and USD 110.90 billion by 2030, growing at a CAGR of 6.32% during the forecast period [1]. Lionbridge's expansion into these services will capitalize on the growing demand for translation and localization services, driven by the increasing diversity of customer bases and the surge in digital content.

Bowne Global Solutions, a division of Bowne & Co., specializes in globalization services. The acquisition will allow Lionbridge to leverage Bowne's expertise in translation, localization, and technical writing to cater to a broader range of clients. This strategic move is particularly significant as the North American market, which Lionbridge is targeting, is expected to witness significant growth due to its increasing diversity and the rising demand for effective language services [1].

Lionbridge Technologies is no stranger to acquisitions that enhance its service offerings. In recent years, the company has made several strategic acquisitions, including the purchase of TransPerfect and the acquisition of Manpower Language Solutions. These acquisitions have enabled Lionbridge to expand its service portfolio and improve its market position. The acquisition of Bowne Global Solutions is expected to follow a similar pattern, allowing Lionbridge to offer more comprehensive language services to its clients.

The deal is a significant milestone for Lionbridge Technologies, positioning it as a key player in the language services market. As the demand for language services continues to grow, particularly in the North American market, Lionbridge's expanded service offerings will be well-positioned to meet the increasing needs of its clients. The acquisition of Bowne Global Solutions is a testament to Lionbridge's strategic vision and its commitment to staying ahead in the competitive language services market [1].

References:
[1] Mordor Intelligence. (n.d.). Language Services Market Size Study Period 2019 - 2030. Retrieved from [https://www.mordorintelligence.com/industry-reports/language-services-market](https://www.mordorintelligence.com/industry-reports/language-services-market)