History
ABBYY was founded in 1989 by David Yang. As of 2013, over 1250 regular and 900 freelance employees work for ABBYY in fourteen offices in Germany (Munich), the UK (Theale), the USA (Milpitas, CA), Japan (Tokyo), Taiwan (Taipei), Russia (Moscow), Ukraine (Kiev), Canada (Ontario), Australia (Sydney), and Cyprus.
The key area of ABBYY's development and research is text recognition technologies and applied linguistics. The majority of ABBYY products, such as document conversion and document capture solutions and technologies, are designed to simplify the transition from paper documents to electronic information, eliminating the most time-consuming and labour-intensive tasks such as retyping text and manual data entry. ABBYY also develops language products, which include ABBYY Lingvo dictionary software and solutions for professional translators such as ABBYY Aligner.
In 2007, a branch specializing in publishing dictionaries, reference books, encyclopedias and guide-books, ABBYY Press, was established. ABBYY also owns ABBYY Language Services, a high-tech translation and localization agency.
Read more about this topic: Lingvo
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