Ilion Animation Studios is a Spanish animation studio based in Madrid, Spain. The studio was established by the founders of Pyro Studios, a video game development studio, to create computer-animated movies for theatrical release. Ilion produced the CGI-animated film, "Planet 51".

Based on that paragraph can we conclude that this sentence is true?
Ilion Animation Studios was established by the founders of Pyro Studios and is Spanish. 

OPTIONS:
* Yes.
* It's impossible to say.
* No.
Yes