The Importance of TMX for Translation Tool Buyers
http://www.languagepartners.com/reference-center/whitepapers/l10nwp/tmx-importance.htm

Briggs, Brian M.
SDL International

Abstract:

In June of 1997, a small group of individuals representing the major buyers and providers of translation tools and services began a process that will have dramatic benefits for the users of translation tools. With the momentum of Microsoft behind it, that group began defining a standard for exchanging translation memory data between translation tools. This definition has been recently published by the Localization Industry Standards Association (LISA) as the Translation Memory eXchange (TMX) standard. Defined as a Document Type Definition (DTD) in SGML, this standard defines vendor-neutral conventions for storing translation memories in a manner that allows them to be uniformly exchanged between any tool of any vendor adhering to the standard. So how will TMX affect the translation tool market and what does it mean to current and future users of translation tools?