Iyuno-SDI Group Secures $160 Million Investment from SoftBank Vision Fund 2

Iyuno-SDI Group

PR88918

 

LOS ANGELES, April 9, 2021 /PRNewswire=KYODO JBN/ --

 

-- Investment to fuel accelerated development of next-generation technologies

and global delivery of the world's localized content

 

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.

 

Iyuno-SDI Group has been at the forefront of developing cutting-edge solutions,

leveraging the best of AI and Neural Machine Translation technologies in

combination with creative and linguistic skills from a collective 70 years of

experience in delivering the highest quality localization services to the

world's largest content producers and distributors.

 

"SoftBank Vision Fund 2 joining Iyuno-SDI's impressive group of investors is a

significant milestone in the evolution of our company," said David Lee, CEO of

Iyuno-SDI Group. "SoftBank Vision Fund 2's portfolio companies are each

transformative in their respective industries and Iyuno-SDI is proud to join

this network of businesses innovating and advancing the state of the art."

 

"We believe the media and entertainment sector is undergoing massive

disruption, as content distribution and consumption patterns are dramatically

changing," said Chris Lee, Director at SoftBank Investment Advisers. "We are

excited to partner with David and the Iyuno-SDI team to support their mission

of delivering technology-driven localization services to the media and

entertainment industry."

 

SoftBank Group earlier became one of the first institutional investors of Iyuno

Media Group through its venture capital arm, SoftBank Ventures Asia Corp. in

2018 and has continued to support the Company's growth initiatives.

 

The announcement of SoftBank Vision Fund 2's investment in Iyuno-SDI comes only

two weeks after Iyuno Media Group's completion of its acquisition of SDI Media

-- nearly doubling the combined company's global footprint with 67 offices

across 34 countries.

 

ABOUT IYUNO-SDI GROUP

Iyuno-SDI Group is the media and entertainment industry's leading localization

service provider. As a trusted global partner to the world's most recognized

entertainment studios, streaming platforms and creators, it offers end-to-end

localization services – from dubbing, subtitling and access services to media

management, transformation and distribution services – in over 100 languages

for every type of content distribution platform. With deep roots in the

industry dating back to 1965, the company is unmatched in operational

expertise, scale, capacity and breadth of services.

 

Iyuno-SDI Group was formed in 2021 following the acquisition of SDI Media by

Iyuno Media Group. Leveraging the best in breed creative and technical talent,

state of the art facilities and next generation technologies, the company now

boasts the largest global footprint with 67 offices in 34 countries. The

company's scale and customer-centric approach is focused on its mission of

connecting content, connecting people.

 

*As of the date of this press release, SoftBank Group Corp. has made capital

contributions to allow investments by SoftBank Vision Fund 2 ("SVF 2") in

certain portfolio companies. The information included herein is made for

informational purposes only and does not constitute an offer to sell or a

solicitation of an offer to buy limited partnership interests in any fund,

including SVF 2. SVF 2 has yet to have an external close, and any potential

third-party investors shall receive additional information related to any SVF 2

investments prior to closing.

 

SOURCE: Iyuno-SDI Group

 

CONTACT: Chris Carey / Brianna Appel, press@iyunomg.com

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