History
Trados GmbH was founded as a language service provider (LSP) in 1984 by Jochen Hummel and Iko Knyphausen in Stuttgart, Germany. The company began developing translation software in the late 1980s, and released the first Windows versions of two of the suite's major components in the early 1990s – MultiTerm in 1992, and Translator's Workbench in 1994. In 1997, the company received a major boost when Microsoft decided to use Trados for its internal localization needs. By the end of the 1990s, it had become the clear market leader in desktop translation memory software.
Trados was acquired by SDL in 2005.
Read more about this topic: SDL Trados
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