MARKET TALK: SDL's Language Weaver Buy Strategically Sound

15th Jul 2010 09:18

0818 GMT [Dow Jones] SDL's (SDL.LN) acquisition of Language Weaver, a company that makes automatic translation software, is a strategically sound deal in an area that's becoming ever more important, say analysts at Piper Jaffray. Add the $42.5 million it agreed to pay is a reasonable price for a strategic asset. Rates at overweight, with 528p target. Shares +0.8% at 507p. ([email protected]). Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 15, 2010 04:18 ET (08:18 GMT)