On November 2, 2023, Sony Interactive Entertainment (SIE), the company behind PlayStation, announced that it had entered into an agreement to acquire iSIZE Limited, a UK-based company specializing in deep learning for video delivery. The terms of the deal were not disclosed due to contractual commitments. Wilson Sonsini Goodrich & Rosati advised iSIZE on the transaction.
iSIZE builds AI-powered solutions to deliver bitrate savings and quality improvements for the media and entertainment industry. The acquisition provides SIE with significant expertise in applying machine learning to video processing, which will benefit a range of the company’s R&D efforts as well as its video and streaming services.
The Wilson Sonsini team that advised iSIZE on the transaction included:
Corporate / M&A
Ross Davies
Sarahanne Jackson
James Foster
Ghislaine Nobileau
Nichola Rohr
Tax
Sarah Lane
Employee Benefits and Compensation
Fleur Benns
Employment
Martin Luff
National Security
Mike Casey
Privacy and Cybersecurity
Tom Evans
For more information, please see Sony Interactive Entertainment’s press release.
