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Big New Contracts at Lionbridge

Lionbridge Technologies (NASDAQ: LIOX), the Waltham, MA-based translation services company whose financial performance we questioned in a profile last May, announced yesterday that it has obtained several new multi-year contracts that should shore up revenues by $25 to $30 million a year. The company said it had won contracts with a provider of power services and systems, a maker of manufacturing process optimization software, a broadband communications company, and an online employement provider, among other companies. Lionbridge did not name the new clients.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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Translation services
2/1/09 12:36 pm

this is pretty interesting, Lionbridge is defenitely one of the biggest, their contract with Microsoft is pretty juicy ;-)
Ashlesha
4/28/09 3:44 pm

Congratulations!!!