Los Angeles, CA, Feb. 19, 2015 – A consortium of Japanese companies has signed a definitive agreement to acquire SDI Media (SDI), a global market-leading localization company serving the media and entertainment industry.
The consortium acquiring SDI is led by Imagica Robot Holdings Inc. and includes the Cool Japan Fund and Sumitomo Corporation. The members of the consortium are engaged in a wide range of media and entertainment related businesses, including creative and post-production services, content production and acquisition, media distribution, TV channel operations, and imaging systems & digital video solutions.
By acquiring SDI, the consortium gains access to the world’s largest media dubbing and subtitling footprint spanning 40 markets in 37 countries. It also provides access to SDI’s significant technological capabilities and a list of blue-chip customers including Hollywood studios, international broadcasters, and leading media companies. By leveraging the joint capabilities of SDI and the other members of the consortium, post-acquisition offerings will include an extensive list of services to key segments, while also providing for the export and purposing of multi-language content, including content originated in Japan. No management or organizational changes are expected as of the close.
“We are very happy and proud to announce this acquisition”, said Walter Schonfeld, President & CEO of SDI Media. “The Consortium’s strategic vision provides SDI with the opportunity to continue our efforts to offer truly global localization services, and provides our clients with a more comprehensive solution to their content requirements. In addition, SDI’s involvement with a strategic acquirer provides an added level of stability and certainty to all our stakeholders.”