LG CNS

LG CNS Co., Ltd. is a South Korean technology company offering services in artificial intelligence, cloud computing and system integration.

History

LG CNS was founded in 1987 as System Technology Management, a 50:50 joint venture between LG and Electronic Data Systems. In 1995, the company was renamed LG-EDS System as part of LG Group's corporate identity integration project. After LG acquired all of EDS's shares, the company changed its name to LG CNS in January 2002.
In 2019, LG sold a 35% stake in LG CNS to Macquarie Group for 1 trillion won. This sale occurred amid growing criticism of South Korea's chaebols for allegedly benefiting founding families by over-relying on outsourcing contracts and directing work to subsidiaries and affiliates. Macquarie acquired the stake in LG CNS with the condition that LG would list the company by April 2025. As a result, LG CNS debuted on the market in February 2025.