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TransPerfect Translations, known as "TransPerfect", is a translation services company based in New York City. The company provides "translation and discovery services" primarily to companies in the legal and healthcare fields. As of 2012, TransPerfect was "the largest privately owned language services provider, with offices in over 90 cities worldwide". The company has three shareholders. Elting-50%, Phil Shawe-49%, and Shirley Shawe-1%. The majority female status has made it possible for the company to be considered a Woman Owned Business for purposes of certain media, awards, contracts and RFP processes.

History

TransPerfect founders Elizabeth Elting and Phil Shawe met in a New York University (NYU) dormitory room and founded the company in 1992. With no external financing, TransPerfect grew from a two-person dormitory-based operation into one of the 125 largest privately held companies in the New York area.

Patented Technology

In July 2013, TransPerfect prevailed in a U.S. Federal patent trial against competitor MotionPoint. The trial began as a result of MotionPoint's claim that TransPerfect's use of its own translation technology patent was invalid, and infringed one of MotionPoint's patents. TransPerfect sued MotionPoint, and MotionPoint filed a counter-suit. After three weeks of arguments, a California jury voted in favor TransPerfect and awarded $1 million in damages. In July 2015, the United States Patent and Trademark Office Trial and Appeal Board ruled that the claims of the Transperfect patent in question was unpatentable.

References

1. "TransPerfect provides language and technology services to manage multilingual content". Forbes. Retrieved 26 October 2016.
2. ^ Stengel, Geri (27 February 2013). "A $340 Million Company Shares Strategies For Growing Without Outside Funding". Forbes. Retrieved 11 January 2016.
3. Chase, Randall (13 Feb 2017). "Court-Ordered Sale of TransPerfect Translation Company Is Upheld". New York Times.
4. Stengel, Geri (11 January 2012). "Want to Grow the Economy? Change Four Attitudes About Women Entrepreneurs". Forbes. Retrieved 11 January 2016.
5. "IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE". In re: SHAWE & ELTING LLC. In re: TRANSPERFECT GLOBAL, INC.: 3 13 Aug 2015.
6. Bresiger, Gregory (10 May 2015). "New York City boasts four top women-led companies". News Corp. New York Post.
7. Savchuk, Katia (25 May 2016). "Inside The Nasty Corporate Divorce Between Ex-Lovers Who Built A Company Worth Nearly $1 Billion". Forbes. Forbes Media LLC.
8. "Top 125 Privately Held Companies". Crain's New York Business. Crain Communications, Inc. 19 November 2012. Retrieved 19 June 2013.
9. Paul Demery (29 July 2013). "In a web translation patent battle, the jury sides with TransPerfect". Internet Retailer. Vertical Web Media. Retrieved 18 August 2013.
10. Donald DePalma (15 July 2013). "Jury Decides Translation Automation Case". Common Sense Advisory. Common Sense Advisory, Inc. Retrieved 18 August 2013.
11. "MotionPoint Corporation v. TransPerfect Global: Final Written Decision Finding All Challenged Claims Unpatentable".

• Companies based in New York City
• Companies established in 1992
• Translation companies