LUZ, Inc. Announces Acquisition by RWS Holdings Plc
SAN FRANCISCO—LUZ announces the acquisition of LUZ, Inc. (“LUZ”), a market-leading private life sciences language services provider, by RWS Holdings plc (“RWS”), a world-leading provider of intellectual property support services (patent translations, international patent filing solutions and searches), commercial translations and linguistic validation.
The acquisition strengthens RWS’ leading position in global life sciences both in the US and Europe, building upon and complementing the October 2015 acquisition of Corporate Translations Inc. (“CTi”) and creating a full-service offering. It also enhances the platform for expansion into Asia, building on the existing Chinese and Japanese presence of other RWS divisions.
LUZ’s US presence enhances RWS’ exposure to the important West Coast patent market, providing opportunities for new business and regional support services. Likewise, LUZ’s core competencies in life science product labeling and regulatory translations further expand RWS’ existing service offerings, providing complete solutions to a more diverse client base.
Monique Rivas, CEO of LUZ, Inc. commented: “We are excited about this acquisition because it brings together two industry leaders into a highly focused professional services organization that share the same core values and vision for serving our clients. The combined service offerings and global reach will further strengthen the company’s leadership role in this specialized translation market while providing new opportunities for further growth and added value.”
About LUZ, Inc.
Founded in 1994, LUZ is a world-leading language translation company for life sciences. With a special focus on medical device, pharmaceutical, biotechnology, and clinical research organizations, LUZ simplifies and speeds up entry into global markets by delivering accurate and compliant translations of product and regulatory documentation. LUZ’s cloud-based AURORA translation management platform minimizes risk for the world’s top life science companies through real-time project management, predictive analytics, and centralized translation memory management.
RWS is a world-leading provider of intellectual property support services (patent translations, international patent filing solutions and searches), a market leader in life sciences translations and linguistic validation as well as a high level specialist language service provider in other technical areas, providing for the diverse needs of a blue-chip multinational client base from Europe, North America and Asia. RWS is based in the UK, with offices in Europe, the USA, (New York, East Hartford and Chicago), China Japan and Australia, and is listed on AIM, the London Stock Exchange regulated market (RWS.L).
For further information, please visit: www.rws.com.
VP, Product Management & Marketing, LUZ, Inc.
415.981.5890 ext. 138