Iyuno Media Group has completed its acquisition of 100% of SDI Media. This transaction brings together two of the industry’s leading companies in localization, with the shared mission of supporting its customers in their efforts to reach global audiences, according to a statement made by the company.
“The combined company, now under the Iyuno-SDI Group brand, has provided localization and entertainment technology solutions to the media industry for more than a collective 70 years. Its deep roots in the creative process, and network of global facilities, provide unparalleled expertise that content producers have come to entrust with their most valuable assets,” the statement added.
The new Iyuno-SDI Group now owns and operates a combination of 67 offices located globally across 34 countries, providing a complete suite of end-to-end solutions with expanded depth and capacity to support the future scale of the industry.
“The accelerating changes in the world are creating the need for more content that reaches audiences in every corner of the world. We know that we must accelerate our technical innovation through advances in AI, workflow automation, machine translation and global technology infrastructures,” explains David Lee, who has assumed the role of CEO, Iyuno-SDI Group. “In addition to these technological advancements, we have an equal priority to advance the artistic process, which then brings together the perfect combination of both disciplines to advance the state of the art of localization.”
“We’re delighted to be joining Iyuno. This combination gives us the necessary scale to meet increasingly challenging customer demands,” Mark Howorth, former SDI Media CEO who has been named President, Iyuno-SDI Group comments. “Our customers require rapid turn arounds, cutting edge technology and a global footprint. The combined resources of Iyuno-SDI give us the ability to deliver end-to-end solutions and maintain the highest level of content security.”
Iyuno is backed by Altor, Shamrock Capital and SoftBank Ventures Asia, its primary financial partners.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.