RWS Holdings had bought language translation software developer Iconic Translation Machines, founded on DCU's research into translating patents.

Document and patent language translation services provider RWS Holdings has acquired translation software tool developer Iconic Translation Machines in an up to $20m deal allowing Dublin City University to exit. The agreement includes a $10m upfront cash payment followed by up to $10m of equity funding after 28 months should Iconic fulfill certain performance objectives.…

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