LONDON, UK: RWS Holdings plc, a distinctive world-leading supplier of technology-enabled language, content material and mental property services, has acquired Liones Holding B.V. for €17.5 million (on a cash-and-debt free basis) with additional funds of €2.5 million due on every of the primary and second anniversaries of completion.
The flagship product of Liones is Fonto, the main cloud native, data pushed authoring solution for mission critical documents. The Fonto suite of merchandise permits non-technical topic matter experts to create, edit and collaborate on structured paperwork by hiding the complexity of the underlying mark-up languages.
Liones, based in The Hague, Netherlands, will proceed to be managed by its founders, Jan Benedictus and Taeke Kuyvenhoven, and can search to construct on its historic record of strong income growth. In the year ended 31 December 2021, Liones recorded an working revenue of €2.0 million (2020: €1.2 million) on income of €4.9 million (2020: €3.5 million) from clients in a vary of sectors together with Life Sciences, Pharmaceuticals and Financial Services.
The acquisition will be funded from RWS’s existing money resources.
Ian El-Mokadem, Chief Executive Officer of RWS, commented: “The acquisition of Liones enhances RWS’s management place inside the structured content material market. We already admire the deserves of its Fonto product because it forms an important element inside our existing Tridion Docs product, and believe that Fonto will improve RWS’s functionality to allow our customers to make the optimum use of their content. Today’s information additionally demonstrates our determination that RWS will stay a chief inside the structured content material market.”
RWS Holdings plc is a unique, world-leading supplier of technology-enabled language, content material and mental property services. Through content material transformation and multilingual data analysis, our distinctive mixture of technology and cultural experience helps our clients to develop by ensuring they’re understood anywhere, in any language.
www.rws.com