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TransPerfect Acquires Buenos Aires-Based Media Firm Chulengo
Monday 13 January 2020

13 January 2020 - New York-based language and technology solutions company TransPerfect has acquired Argentina-based Chulengo, a Buenos Aires–based media company to increase network of owned and operated studios, the company said.
Financial terms of the agreement were not disclosed.
Chulengo will become a division of the TransPerfect family of companies.
TransPerfect has grown in the media space, including recently announced deals to acquire Lylo Group, Lassostudios, Sublime Subtitling and Translation, Scheune München, and AGM Factory.
The company has invested heavily in providing the most advanced dubbing, voiceover, and subtitling services, including AI-powered solutions, to clients through its Media.NEXT platform.
Acquiring Chulengo is a major step in the company's move to increase its global network of owned and operated studios.
This deal complements TransPerfect's existing infrastructure while providing a significant boost in Latin American production capabilities.
Furthermore, it strengthens TransPerfect's overall commitment to the market, including planned investments in technology solutions aimed at streamlining the media localisation process.
Chulengo offers localisation and post-production services.
TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 5,000 global organisations employ TransPerfect's GlobalLink Product Suite to simplify management of multilingual content.
Date Published: 13/01/2020
Target: Chulengo
Country: Argentina
Sector: Media
Type: Corporate acquisition
Status: Closed
Buyer: TransPerfect
Terms of the deal were not disclosed