en.Wedoany.com Reported - Real-time audio company Mixhalo has been acquired by German machine translation firm DeepL to strengthen its translation capabilities in live event scenarios. Founded in 2016 by Incubus guitarist and songwriter Mike Einziger, violinist Ann Marie Simpson-Einziger, and current CEO Vik Singh, Mixhalo initially aimed to improve the listening experience for concertgoers before pivoting to become a real-time audio service provider for sports events and live activities. The company has raised over $39 million from investors including Fortress Investment, Founders Fund, Defy Partners, and Cowboy Ventures.

In an email, Mixhalo CEO Singh stated that the abundance of voice models in the market benefits Mixhalo, as it can integrate multiple models and compare their performance. He noted that the rise of voice AI did not directly trigger acquisition talks, but as model companies scaled up, they began to "encroach" on the space Mixhalo operates in, making it difficult for Mixhalo to compete on pricing. Mixhalo had already relied on DeepL as its primary translation provider, making closer collaboration a natural choice. Singh said the dialogue between the two parties began at a client dinner, where he sat next to DeepL's CTO Sebastian. Through their conversation, they gradually discovered overlaps in the event space, APIs, and application layers, covering meeting speech, document translation, and live events.

DeepL has long focused on text translation and has gained attention in voice products in recent years. In 2024, the company launched speech-to-text translation capabilities supporting over 33 languages. In April of this year, DeepL introduced a speech-to-speech translation suite for scenarios such as multilingual meetings. The acquisition of Mixhalo allows DeepL to enter the live event space with the same suite. DeepL CEO Jarek Kutylowski stated that Mixhalo serves both as a solution and a marketing use case, with the platform demonstrating how DeepL's technology operates in real-time environments and live meeting scenarios. With the acquisition of San Francisco-based Mixhalo, DeepL is opening a new office in the Bay Area to expand its U.S. operations. Mixhalo's competitors include Wordly AI and Palabra, which is backed by Seven Seven Six.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com