Tech
DeepL Acquires Mixhalo for Live-Event Audio Streaming and Translation
AI Summary
DeepL has acquired Mixhalo, a real-time audio startup, to enhance its translation suite for live events. Mixhalo's technology will help improve translation experiences at conferences and live events.
DeepL Expands into Live Event Translation with Mixhalo Acquisition
DeepL, a German startup known for its text translation services, has acquired Mixhalo, a real-time audio startup. This acquisition aims to boost DeepL's translation suite, particularly for live events such as conferences and sports events.The Problem with Live Event Translations
At conferences, speakers often deliver their keynote or panel discussions in languages that many attendees might not understand. This leads to attendees scrambling for their phones to use translation apps, which can be ineffective.Mixhalo's Technology and Background
Mixhalo was founded in 2016 by Mike Einziger, Ann Marie Simpson-Einziger, and Vik Singh. Initially, the company focused on improving the listening experience for concert attendees but evolved to power real-time audio for sports and live events. Mixhalo raised over $39 million from investors including Fortress Investment, Founders Fund, Defy Partners, and Cowboy Ventures.The Acquisition and Its Implications
- Mixhalo's CEO, Vik Singh, noted that the rise of voice AI models benefited Mixhalo, as it could integrate various models and compare performance.
- DeepL and Mixhalo already had a relationship, with Mixhalo relying on DeepL as its primary translation provider.
- The acquisition will allow DeepL to expand its voice products into the live event space.
Future Plans and Expansion
- DeepL plans to use Mixhalo's technology as both a solution and a marketing use case to demonstrate its tech in real-time environments.
- DeepL is opening an office in the Bay Area to expand its U.S. operations.