![]() 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. Trados GmbH was founded as a language-service provider (LSP) in 1984 by Jochen Hummel and Iko Knyphausen in Stuttgart, Germany. The name reverted to Trados Studio after SDL merged with RWS in 2020. It was renamed SDL Trados in 2005 when Trados was bought by SDL plc. Trados Studio is the successor of Translators Workbench, originally developed by the German company Trados GmbH. The UK-based company RWS, who offer technology-enabled language, content management and intellectual property services, is considered the market leader in providing translation software across the entire translation supply chain. Trados Studio is part of the Trados product portfolio, which is a suite of intelligent translation products owned by RWS that enables freelance translators, language service providers (LSPs) and corporations to streamline processes and improve efficiencies while keeping costs down. Trados Studio is a computer-assisted translation software tool which offers a complete, centralized translation environment for editing, reviewing and managing translation projects and terminology – It can be used both offline in a desktop tool or online in the cloud.
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