ABBYY rated TranslateIt! at $ 1.5 million

On Tuesday, it became aware of the impending acquisition of the popular contextual translation utility TranslateIt !, along with all its source codes, patents and trademark rights, by ABBYY. A large software developer is ready to pay for all this about $ 1.5 million (the exact amount is being specified). Let me remind you that in the latest versions of the Lingvo software package produced by the company, a function of the contextual dictionary has appeared (translation of any word on the screen by hovering the mouse cursor on it). This feature has become so popular that rumors have been circulating that it will soon be singled out into a separate Lingvo Context program, which should have become a direct competitor of TranslateIt! ..

As we can see, solving the question of competition turned out to be easy. In addition, according to a source inside the acquired company, ABBYY was actively interested in the version of TranslateIt! for mac. This reinforces the hopes of Lingvo fans for the imminent release of the version of the package for the Apple platform, and the next version of the package for Windows, which has been waiting for more than three months (previously the new version came out almost steadily once a year).