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World Biggest Linguistic Data Bank

Queens, NY
Asking Price:$2,500,000
Gross Revenue:$2,000,000
Established Year:1990
Cash Flow:$2,000,000
Inventory:$12,000,000
Listing ID: 1889979Listing provided by BizBuySell
BUSINESS DESCRIPTION

Largest collection of Data Sets for 46,000 Language Combinations.

Language Learning Software and Mobile Devices

ECTACO is a linguistic software powerhouse serving their customers since 1990 and providing foreign language management solutions for personal and business use. The Company employs engineers, software programmers, linguists and management staff. Our engineers are equally experienced in product design for both, desktop (Windows, Mac) and mobile (iOS, Android, WinCE) platforms as well as hardware design and manufacturing of hand held electronic devices, including mobile phones. Company business consist of Software design and sales (over 3,000 software titles for Windows, iOS and Android) and hand-held language learning and translation devices sales for both consumer and government market. Company own a large amount of data and content for 215 languages (over 48,000 various linguistic database), and in-house developed technology for Machine Translation, Speech analysis and Speech recognition, Optical character recognition.
www.ectaco.com,
www.jetbookcolor.com,
www.speechguard.com,
www.lingvosoft.com

ATTACHED DOCUMENTS
Ectaco general info 2020.pdf.pdf Download
Ectaco total assets 2020.pdf.pdf Download
Data and technology list 2020.xls.xls Download
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
6
Facilities
Ectaco owns significant amount of Linguistic Data, Content and Technology. It includes: linguistic content for 215 languages, 48,000 cross-reference statistical language lists, over 80 academic size language lists, 3,000 software titles for Windows, Android, iOS, Machine Translation, Speech Analysis, Speech Recognition, Optical Character recognition technology, product design for hand-held language learning products, schools and ethnic distribution and etc
Competition
In the past 25 years Ectaco secured a solid market place in linguistic software business. Ectaco products were licensed by Fortune 500 companies, public schools as well as sold directly to consumers. The main competitor to Ectaco product would be Lion Bridge, Scholastic and other language learning companies
Growth & Expansion
To expand the software business the development of wider range of software may be required. Company has current resources to expand the line to 100,000 titles for Android and iOS OS. Also, considering a large influx of new immigrants from Spanish-speaking and Middle Eastern countries the much greater amount of sales can be reached.
Support & Training
Owners will provide technical support to Buyer
Reason for Selling
Owners retire
BUSINESS LOCATION
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Vadim Dutch
Phone Number
Vadim Dutch
Call Phone