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Press Release: The Carlyle Group Invests in Translation Software Provider Memsource

Carlyle and Memsource

London, UK and Prague, Czech Republic: 2 July 2020 - Global investment firm The Carlyle Group (NASDAQ: CG) today announced that it has acquired a majority stake in Memsource, a language translation software provider, from existing shareholders. Memsource management, including Founder and CEO David Canek, remain shareholders in the business. The financial terms of the transaction are not disclosed.