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Language tech firm RWS Holdings acquires cloud security specialist Liones

By Stephen Emerson
23 March 2022
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RWS Holdings has bought Dutch cloud authoring company Liones Holding B.V. in a deal worth  €17.5m.

The Buckinghamshire tech company provides, language, content and intellectual property services, in a move that it says will bolster its proposition.

RWS Holdings will make two additional payments of €2.5 million due on each of the first and second anniversaries of deal's completion.

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The takeover sees RWS Holdings acquire Liones' flagship product Fonto which is a cloud native, data driven authoring solution for mission critical documents.

The Fonto suite of products allows non-technical subject matter experts to create, edit and collaborate on structured documents by hiding the complexity of the underlying mark-up languages.

Ian El-Mokadem, Chief Executive Officer of RWS, said: "The acquisition of Liones enhances RWS's leadership position in the structured content market.  We already admire the merits of its Fonto product as it forms an important element within our existing Tridion Docs product, and believe that Fonto will enhance RWS's capability to enable our customers to make the optimal use of their content. Today's news also demonstrates our determination that RWS will remain a leader in the structured content market."

Liones, based in The Hague, Netherlands, will continue to be managed by its founders, Jan Benedictus and Taeke Kuyvenhoven.

In the year ended 31 December 2021, Liones recorded an operating profit of €2.0 million (2020: €1.2 million) on revenue of €4.9 million (2020: €3.5 million) from clients in a range of sectors including Life Sciences, Pharmaceuticals and Financial Services.

The acquisition will be funded from RWS's existing cash resources.

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