Israel’s Babylon Says Arab World, Brazil to Boost Revenue
This article is for subscribers only.
Babylon Ltd., an Israeli developer of translation and dictionary software, says sales will continue to surge on demand for language products in the Arab world and Brazil, Chief Executive Officer Alon Carmeli said.
“We have reported a growth rate in revenue of nearly 80 percent in dollar terms since the beginning of the year and we expect a similar growth going forward,” Carmeli said in an interview at Babylon’s offices in Or Yehuda.