Who is EVS?
EVS Translations (EVS) is a Germany-based single-source translation supplier focusing on translation and project management. EVS is an LSP founded in 1991 with a clear focus on translations in all areas of corporate communications, including finance and legal.
Why is Unbabel acquiring EVS?
The acquisition of EVS will significantly expand Unbabel’s offering at a time of high global demand for translation services by multinational corporations. The Germany-based company will provide strategic access to the German market as well as the broader European market which makes up 49% of the global translation industry.
Together, Unbabel and EVS will provide more data to train MT engines in new industry sectors and use cases including automotive, legal, and finance, and enable us to transition more workflows onto our platform, helping to reduce costs and time to translate for our customers.
Who are EVS’ target customers?
The company currently serves German B2B enterprise customers from the financial industry and some automotive customers also.
Does EVS have a community?
EVS works almost exclusively with their own in-house translation team, and this will continue to be the way current EVS customers are serviced.
Will the Unbabel community work on EVS content?
No, EVS will continue to deliver the translation work for their customers.
Will Unbabel open more Language Pairs or recruit more freelancers because of the acquisition?
No, there is no impact to the Unbabel community at this time.
Will freelancers be cut from the platform because of the acquisition?
No.
Will there be any changes to the way Unbabel pays their freelancers?
No.
Will Unbabel freelancers have more types of content to work on?
Most likely in the future as we look to grow our customer base yes, but not as a direct result of this acquisition.
Are the Terms of Service, NDA, Privacy Policy and SOWs (for PROs) we have in place still valid?
Yes, all the documents mentioned are signed with Unbabel, Inc. and remain valid for as long as you’re providing services for the company.
Will my point of contact for support change?
No, you will continue to be supported by our Unbabel team as normal.