ISTANBUL, April 3rd, 2019 – The kyu Collective announces today that it has acquired a majority stake in ATÖLYE, an Istanbul-based creative company.
Headquartered in New York, kyu is a collective of strategically curated companies whose purpose is to be a source of creativity that propels the economy and society forward. kyu’s member companies include the global design firm IDEO; Kepler, the data-driven media and CRM services provider; Sid Lee, the multi-disciplinary creative brand-building agency; and SYPartners, the transformation consultancy.
ATÖLYE, like kyu, is a pioneer in the building of a vibrant creative organization for the digital age.
First and foremost, ATÖLYE is a community–a next generation creative practice that places a Strategic Design Studio within a wider Creative Hub.
While the Studio itself tackles a diverse set of challenges in areas such as education, technology, finance, telecommunications, and social impact; the Creative Hub, comprising over 150 professionals with highly diverse skill sets, serves as the backbone of the organization by providing the widest range of creative services.
In addition, ATÖLYE encompasses a Ventures arm, which is an investment vehicle for innovative products and services, as well as an Academy, which develops learning programs and builds talent recruitment processes. ATÖLYE was recognized as the most impactful spinoff of the Stanford University d.school in 2014, while in 2016 it was named as a sector-leading creative hub by Monocle. ATÖLYE’s operating and management model for curating and engaging a diverse creative community, when combined with kyu’s capacity to provide scale, will create a significantly more powerful and impactful offer in many markets that have previously been served in a more limited way by traditional network outposts.
“Both kyu and ATÖLYE are 21st-century projects built on the guiding principle of community. ATÖLYE has fostered a vibrant and fluid creative community driven by a unique culture and a unique space,” said Farah Ramzan Golant, CEO of kyu EMEA. “As kyu looks to markets such as the Middle East, India, and beyond to lead with new forms of creative organization, we are thrilled to partner with ATÖLYE to explore how its innovative, community-first approach can be imagined, interpreted, and applied effectively.”