CLS Communication
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CLS Communication - overview
Location
Basel, -, Switzerland
Primary Industry
Marketing/Advertising
About
CLS Communication specializes in providing advanced language and content solutions to enhance communication across global markets, focusing on localization and translation services for diverse sectors. CLS Communication is a language service provider headquartered in Basel, Switzerland, specializing in localization and translation services. The company was acquired in November 2014 by Lionbridge Technologies for CHF 74. 00 mn.
CLS Communication has executed 2 deals in total, with the latest deal occurring in 2014. The acquisition by Lionbridge allowed for a broader range of services under a larger corporate umbrella. CLS Communication offers a comprehensive suite of AI-driven solutions that enhances communication and content localization for businesses worldwide. The company specializes in generative AI, AI translation services, and various content remix services through its Aurora AI Studio™.
Its products cater to sectors such as life sciences, banking, finance, technology, and entertainment, providing services like machine translation, video localization, and technical writing. CLS Communication serves a diverse clientele, including regulated companies requiring precise and compliant translations in the pharmaceutical and medical device sectors, operating across North America, Europe, Asia-Pacific, and Latin America. CLS Communication generates revenue primarily through B2B transactions with clients seeking language and content solutions. The company utilizes various transaction structures, including subscription-based models for ongoing services and project-based fees for specific assignments.
Clients engage CLS Communication for tailored solutions such as software localization, interpretation services for live events, and comprehensive language quality services, including functional QA and testing. Pricing structures are designed to accommodate diverse client needs, reflecting the complexity and volume of requested services. Flagship offerings include their Aurora AI™ platform and specialized translation services for life sciences, critical for maintaining compliance in regulated industries. Following its acquisition, CLS Communication plans to leverage the resources of Lionbridge to expand its product offerings and enhance its service capabilities.
Upcoming initiatives include the development of new AI-driven tools aimed at streamlining translation processes and improving client experiences. Plans are in place to expand into emerging markets in Asia-Pacific by the end of 2025. The recent funding through the Trade Sale will be utilized to support these growth strategies and enhance operational efficiencies.
Primary Industry
Marketing/Advertising
Sub Industries
Public Relations & Communications, Financial Services, Insurance, Telecoms
Website
www.cls-communication.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
CLS Communication - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | CLS Communication | - | ||||||||
| Add-on | Completed | CLS 4-Text | - | ||||||||
| Add-on | Completed | Lexi-tech International | - | ||||||||
| Buyout | Completed | CLS Communication | - | ||||||||
| Add-on | Completed | Scandinavian Translators | - |
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CLS Communication - employee data

CLS Communication - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| CEO Nordic & Baltic and Board Member | BM |
BM Board Member
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