Itranslate converseapple watch1/4/2023 ![]() ![]() Specifically, iTranslate, which has currently been downloaded 80 million times (available for iPhone, iPad, Apple Watch, Android and Windows), has been part of the IAC Applications division since 15 March, making it a sister app of its competitor „Speak & Translate“ – an app that also does translations via iPhone for users. „Andreas Dolinsek and I will drive iTranslate’s global expansion from our Graz site.“ Gunther and Richard Marktl are no longer mentioned in the future plans – they will not work for the company any more. „As part of IAC Applications, we have access to a global network of resources that we have never seen before and can continue on our strong growth path,“ says iTranslate CEO Alexander Marktl. €80 million), the exit is likely to be in the high double-digit or even triple-digit million range. Comparing the deal with that of Runtastic and adidas in 2015 (140 million downloads, €220 million) or mySugr in 2017 (1 million users, app. There is currently no official information on the purchase price. +++ German version of the article here +++ Die zehnte Version der Grazer App iTranslate ist da. ITRANSLATE CONVERSEAPPLE WATCH SOFTWAREThe mobile software is financed via in-app purchases – premium functions such as offline translations (important when traveling abroad!) and costs between €3 and €5 per month, depending on the package. In 2016, iTranslate generated a balance sheet profit of €522,000 (newer figures are not yet available). In terms of numbers iTranslate developed splendidly in economic terms in 2017: both revenue and download figures were tripled, and by 2015, the company, formerly called Sonico Mobile, is said to have been profitable. ![]() The New York-based Internet company IAC (market capitalization of around $13.4 billion), which also includes Tinder, okcupid, Vimeo,, CollegeHumor and myHammer, grabs the Graz-based company, which was previously wholly owned by its four founders. Ten years of work on the iTranslate translation app has now reached a temporary peak for the founding team of Andreas Dolinsek and Alexander, Gunther and Richard Marktl. They preferred to work on their translation app in Graz rather than hanging out at startup events and panel discussions. Until now, they have been the underdogs of the Austrian startup scene. ![]()
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