- SoftBank (OTCPK:SFTBF, OTCPK:SFTBY) Ventures invests $23.5M in localization services provider IYUNO Media Group.
- Singapore-based IYUNO offers dubbing, subtitles, media processing, and software licensing to studios, networks, and over-the-top providers.
- Key quote from the joint announcement: “SoftBank Ventures’ investment in IYUNO specifically targets bringing localization technologies to actual industry applications, including neural machine translation and voice synthesis that can be used in the areas of audio localization or dubbing.”
- Previously: SoftBank acquires stake in Canada's Nemaska Lithium (April 6)