River Falls Sajan acquired by European company

After 20 years of growing their River Falls language translation business Sajan from a small startup in their home to a global competitor, Shannon and Angel Zimmerman are selling to Luxembourg-based Amplexor International.

The acquisition is set to close around July 2017, after Sajan shareholders vote on it. It is valued at about $28.5 million, and will represent a 46 percent premium for Sajan common stock shares.

A language translation company, Sajan started small in 1997, but has grown rapidly since then. Last year it was listed as No. 8 in North America and in the top 30 in the world in its field.

"Sajan is a company in the community that has quietly lived in the shadows but is bigger and more involved than people think," Shannon Zimmerman said.

This acquisition is a way for the company to continue its already large growth more aggressively on the global platform, Zimmerman said.

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