RR Donnelley to Acquire Translation Technology Solutions Provider MultiCorpora
February 27 2014 - 6:30AM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
announced today that it has signed a definitive agreement to
acquire Canadian-based MultiCorpora, an international provider of
translation technology solutions. The acquisition will expand the
capabilities of RR Donnelley's Language Solutions group, supporting
clients' multi-lingual communications.
MultiCorpora develops and enables translation technology to
deliver state-of-the-art solutions for the language industry
featuring their flagship software product MultiTrans Prism. A
number of international governments and organizations, Fortune 500
companies, and language service providers benefit from
MultiCorpora's translation technology expertise.
"Our translation offering has developed and broadened
considerably in recent years to meet the emerging language needs of
our customers," stated Dan Knotts, RR Donnelley's Chief Operating
Officer. "The integration of MultiCorpora's technology platform and
sales operations into our portfolio will enhance the offering we
bring to our customers, particularly in the areas of multi-lingual
web content solutions and transcreation."
Christophe Djaouani, Vice President and Managing Director of RR
Donnelley Language Solutions, commented, "As more and more of our
clients work to consolidate their multilingual assets, our language
solutions will play a key role in bringing them greater efficiency
as well as improving the overall quality of their content."
About RR Donnelley
RR Donnelley (Nasdaq:RRD) helps organizations communicate more
effectively by working to create, manage, produce, distribute and
process content on behalf of our customers. The company assists
customers in developing and executing multichannel communication
strategies that engage audiences, reduce costs, drive revenues and
increase compliance. RR Donnelley's innovative technologies enhance
digital and print communications to deliver integrated messages
across multiple media to highly targeted audiences at optimal times
for clients in virtually every private and public
sector. Strategically located operations provide local service
and responsiveness while leveraging the economic, geographic and
technological advantages of a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned not to place undue reliance on
these forward-looking statements and any such forward-looking
statements are qualified in their entirety by reference to the
following cautionary statements. All forward-looking statements
speak only as of the date of this news release and are based on
current expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
CONTACT: Media Contact:
Phyllis Burgee, Director Communications:
Tel: +1 630-322-6093
E-mail: phyllis.burgee@rrd.com
Investor Contact:
Dave Gardella, Senior Vice President Finance:
Tel: +1 312-326-8155
E-mail: david.a.gardella@rrd.com
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