XL8 Acquires AHT to Accelerate Growth in Government and Media Markets
XL8, a leading deep-tech startup specializing in AI-powered machine translation technology, today announced the acquisition of American High-Tech Transcription And Reporting, Inc. (AHT). AHT is a Florida-based company that provides transcription and translation services to the U.S. government and other businesses.
This acquisition marks a significant milestone in XL8’s journey to reshape the translation and transcription industry. By combining XL8’s AI-powered technology with AHT’s expertise in government and media markets, the company will be able to offer a wider range of services and reach a broader customer base.
“We are excited to welcome AHT to the XL8 family,” said Tim Jung, CEO of XL8. “This acquisition will accelerate our growth in the government and media markets, and it will allow us to provide our customers with even better services.”
XL8’s AI-powered machine translation technology uses speech-to-text and machine translation to automate many of the tasks involved in transcription and translation. This frees up human translators to focus on the more creative and complex aspects of their work, resulting in higher-quality translations.
AHT’s expertise in government and media markets will help XL8 to expand its reach into these important sectors. AHT has a long history of providing transcription and translation services to the U.S. government, and it has a deep understanding of the needs of these customers.
“We are confident that this acquisition will be a win-win for both XL8 and AHT,” said Jung. “We look forward to working together to bring our innovative technology to even more customers.”
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