Brainvisa's RapideL product enables SCORM compliant rapid eLearning development in 22 languages. No, I am not advertising RapileL since I haven't used the product. I am just happy to learn that there are localization products focussed on elearning in the market.
A few years ago, I worked on an elearning course that needed to be localized in 15 different languages. This project not only threw up design challenges in building a course in multiple languages and geographies (which was fun) but also brought in a sizeable communication overhead in working with the external vendor.
With localization products, hopefully the focus would remain on designing sexy courseware in multiple languages.