Babylon Software

Company Overview

Snapshot

Founded in September 1997 by Amnon Ovadia, Babylon Software operates with 1–10 employees. The company provides translation and language learning solutions, and in June 2013, it acquired Woolik Technologies.

Business overview

Babylon Software develops and offers translation and language-learning solutions for both individual users and corporate clients. Its core product is a desktop tool that provides translations in over 77 languages, utilizing optical character recognition (OCR) for accurate text identification. The company also offers professional translation services for official documents, mobile applications, instant grammar correction tools, and language-learning programs for various age groups. Babylon Software operates within the Education & Knowledge Technologies sector, serving global markets with a focus on consumers and enterprise clients, including SMBs and those in translation and linguistic services.

Strategic signal

In December 2019, Noam Lanir sold his controlling stake in Babylon, indicating a significant ownership transition for the company. This event suggests a strategic shift in leadership or ownership structure, which could influence future direction and investment opportunities within the language technology market.

Company Intelligence Q&A

When was Babylon Software founded?

Babylon Software was founded in September 1997.

Who founded Babylon Software?

Babylon Software was founded by Amnon Ovadia.

What was a key strategic move for Babylon Software in 2013?

In June 2013, Babylon Software acquired Woolik Technologies.

What significant ownership change occurred at Babylon Software in 2019?

In December 2019, Noam Lanir sold his controlling stake in Babylon Software.

What was a notable partnership for Babylon Software in 2013?

In April 2013, Yahoo signed a four-year deal with Babylon Software, a translation software provider.