Media localization and distribution company Deluxe has acquired Sony Electronics’ New Media Solutions (NMS) division. The terms of the deal, which closed on March 31, 2021, remain undisclosed.

Sony NMS provides digital media supply chain capabilities, while Deluxe is an end-to-end solutions provider, which covers cinema, distribution, and localization services including subtitling and dubbing.

Deluxe is a major name in media and entertainment. As a product of M&A, the company is no stranger to dealmaking. Deluxe, as it is today, was created in a carve-up of the company formerly known as Deluxe Entertainment, which spun off its distribution business in a sale to private equity firm Platinum Equity.

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Source: Slator

By Esther Bond