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LOS ANGELES, Jan. 22, 2021 /PRNewswire/ Iyuno Media Group, a market leader in localization services to the media and entertainment industry, announced today that it has entered into an agreement with Imagica Group Inc. to acquire 100% of SDI Media. This transaction, which is subject to review and approval from relevant authorities, brings together two companies with the shared mission of supporting, innovating and leading the art of global storytelling. Terms of the transaction were not disclosed.
Iyuno was supported in this transaction by SoftBank Ventures Asia (SBVA), Altor and Shamrock Capital, its primary financial partners. Iyuno counts SBVA - Iyuno s first institutional investor - as one of its key backers.
Iyuno Media Group Enters Agreement to Acquire SDI Media
Global Localization Services Company
LOS ANGELES, Jan. 22, 2021 /PRNewswire/ Iyuno Media Group, a market leader in localization services to the media and entertainment industry, today announced it has entered into an agreement with Imagica Group Inc. to acquire 100% of SDI Media. This transaction, which is subject to review and approval from relevant authorities, brings together two companies with the shared mission of supporting, innovating and leading the art of global storytelling. Terms of the transaction were not disclosed. SDI Media is a great fit for Iyuno, said Shaun Gregory, CEO, Iyuno Media Group. We are well-aligned in our quality standards, complementary strategies and compatible service offerings. As a combined company, we will continue to deliver best-in-class services and technology innovations to our industry. We are certain that new and existing clients will benefit from the collective experience and ca