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Investment to fuel accelerated development of next-generation technologies and global delivery of the world s localized content
LOS ANGELES, April 9, 2021 /PRNewswire/ Iyuno-SDI Group, the leading provider of localization services to the media and entertainment industry ( Iyuno-SDI or the Company ), today announced it has secured a $160 million investment from SoftBank Vision Fund 2 . The investment will provide Iyuno-SDI with the necessary resources to support its mission of transforming the localization industry. SoftBank Vision Fund 2 will become one of the largest shareholders of Iyuno-SDI and join its Board of Directors together with Altor, David Lee - Iyuno-SDI Group CEO, Shamrock Capital Advisors and SoftBank Ventures Asia Corp.
SoftBank Vision Fund 2 puts $160m in media firm Iyuno-SDI Group
April 9, 2021
SoftBank Vision Fund 2 has invested $160 million in media firm Iyuno-SDI Group, a subsidiary of the Singapore-based I-YUNO Asia Pte Ltd, according to a statement.
The Japanese mega fund will become one of the largest shareholders in Iyuno-SDI and join its board of directors together with private equity firms Altor and Shamrock Capital Advisors, said David Lee, Iyuno-SDI Group CEO, Shamrock Capital Advisors and SoftBank Ventures Asia Corp.
Iyuno-SDI Group provides localisation services to the media and entertainment industry in different parts of the world. It uses AI and neural machine translation technologies to help global content producers and distributors localise their services.
Iyuno-SDI Group obtient un investissement de 160 millions de dollars de SoftBank Vision Fund 2 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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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