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In the wake of industry mergers and acquisitions, STAR Group CEO Josef Zibung announced that STAR is not making any acquisitions, is not being taken over and is not a candidate for mergers. Nor will STAR exploit the current situation by bringing out cut-price versions of its own high-grade tools. Rather, STAR offers all technical translators and companies the cost-neutral option, using existing conversion tools, of migrating their current translation memories or terminology to its reliable Transit product line.
STAR intends to remain faithful to its existing strategy of offering the latest developments as well as a task- and technology-oriented mode of working and will, in the future, invest even more in the foundations of the technological information world. In this way, STAR, through its own efforts and without buying other firms, has evolved into a company with 775 permanent members of staff at 35 globally networked branches. |
