TransPerfect to acquire Lylo Media Group.

TransPerfect, a provider of language and technology solutions for global business, agreed to acquire Lylo Media Group, a multinational provider of dubbing, voiceover, subtitling, audio description, and hard-of-hearing services. Financial terms were not disclosed. Lylo’s YouDub cloud technology will be integrated with TransPerfect’s Media.NEXT AI-powered platform, as well as the company’s GlobalLink translation management technology. The result will provide clients with an end-to-end media localization solution that will significantly improve the speed and efficiency with which customers can release content internationally. “Lylo’s technology vision has been an integral part of their company identity, and that has us extremely excited about what our unified teams will accomplish together. We want to extend a heartfelt welcome to all members of the Lylo family, and we look forward to working together to provide service and tech solutions that will benefit our combined customers in the entertainment space,” Phil Shawe, TransPerfect President and CEO.