R.R. Donnelley & Sons to acquires Canada-based MultiCorpora, an international translation technology solutions provider, improving company's offering of multilingual web content
February 27, 2014
– Further Expands and Enhances Language Solutions Offering
R. R. Donnelley & Sons Company(Nasdaq:RRD) announced today that it has signed a definitive agreement to acquire Canadian-based MultiCorpora, an international provider of translation technology solutions. The acquisition will expand the capabilities of RR Donnelley's Language Solutions group, supporting clients' multi-lingual communications.
MultiCorpora develops and enables translation technology to deliver state-of-the-art solutions for the language industry featuring their flagship software product MultiTrans Prism. A number of international governments and organizations, Fortune 500 companies, and language service providers benefit from MultiCorpora's translation technology expertise.
"Our translation offering has developed and broadened considerably in recent years to meet the emerging language needs of our customers," stated Dan Knotts, RR Donnelley's Chief Operating Officer. "The integration of MultiCorpora's technology platform and sales operations into our portfolio will enhance the offering we bring to our customers, particularly in the areas of multi-lingual web content solutions and transcreation."
Christophe Djaouani, Vice President and Managing Director of RR Donnelley Language Solutions, commented, "As more and more of our clients work to consolidate their multilingual assets, our language solutions will play a key role in bringing them greater efficiency as well as improving the overall quality of their content."
About RR Donnelley
RR Donnelley (Nasdaq:RRD) helps organizations communicate more effectively by working to create, manage, produce, distribute and process content on behalf of our customers. The company assists customers in developing and executing multichannel communication strategies that engage audiences, reduce costs, drive revenues and increase compliance. RR Donnelley's innovative technologies enhance digital and print communications to deliver integrated messages across multiple media to highly targeted audiences at optimal times for clients in virtually every private and public sector. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of a global organization.
For more information, and for RR Donnelley's Global Social Responsibility Report, visit the company's web site at http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in RR Donnelley's filings with the SEC. RR Donnelley disclaims any obligation to update or revise any forward-looking statements.
Read more: http://www.nasdaq.com/press-release/rr-donnelley-to-acquire-translation-technology-solutions-provider-multicorpora-20140227-00186#ixzz2ue576DoU