Iyuno-SDI seizes $160Mn investment to transform localization industry

The investment is expected to boost the development of next-gen technologies and worldwide supply of the world’s localized content

Iyuno-SDI Group, a leading supplier of localization services to media and entertainment industry, has recently announced securing USD 160 million investment from SoftBank Vision Fund 2, in a bid to offer the company with essential resources to support its vision of transforming the localization industry.

With this investment, SoftBank Vision Fund 2 would stand out as one of the largest stakeholders of Iyuno-SDI and be a part of its Board of Directors together with David Lee- Iyuno-SDI Group CEO, Altor, SoftBank Ventures Asia Corp., and Shamrock Capital.

Reports have it that the declaration of investment in the company comes just two weeks after Iyuno Media Group announced completion of its acquisition of SDI, nearly doubling the combined entity’s global footprint with 67 offices in 34 countries.

Commenting on the latest investment by SoftBank, David Lee, CEO at Iyuno-SDI, cited that SoftBank Vision Fund 2 collaborating with Iyuno-SDI’s group of investors emerges to be a significant milestone in the evolution of the company.

Lee added that SoftBank Vision Fund 2’s exclusive range of myriad companies are evolving rapidly in their respective industries and Iyuno-SDI is delighted to have joined this robust network of businesses innovating and developing the state of the art.

Meanwhile, Director at SoftBank Investment Advisers, Chris Lee quoted that the firm believes that the media and entertainment business is currently undoing massive disruptions, subject to the dramatically changing patterns of content distribution and consumption.

Chris further mentioned that the firm is excited to have established crucial partnership with David and the team of Iyuno-SDI to support their aim of providing technology-driven localization services to the global entertainment and media industry.

Source credit: https://www.prnewswire.com/news-releases/iyuno-sdi-group-secures-160-million-investment-from-softbank-vision-fund-2-301265566.html