TransPerfect has been expanding its media localization portfolio via strategic acquisitions — no less than seven since October 2019 (including Hiventy). The media localization segment is one that has absolutely exploded over the last few years, mostly due to changing consumer behaviors and the increasing popularity of over-the-top (OTT) platforms like Netflix, Amazon Prime, Disney+, and Apple TV+.
In a statement to MultiLingual, Iris Permuy, president of ATRAE, elaborated on the open letter, which claimed that subtitlers and audiovisual translators face low rates and “appalling” work conditions that naturally lead to a decline in quality.
IMM joins forces with Iyuno-SDI’s impressive institutional investor base including Softbank Vision Fund 2, Altor Fund IV, Softbank Ventures Asia, and Shamrock Capital Advisors, LLC. The dedicated group of sponsors provides Iyuno-SDI with the depth of resources to continue its rapid growth plans.