LG CNS has partnered with global investment firm General Atlantic to discover and invest in global software (SW) and artificial intelligence (AI) companies. The strategy aims to expand investments in enterprise technology firms and secure a global business foundation that can be linked to its existing IT services.
On October 1, LG CNS announced the establishment of a joint investment partnership with General Atlantic. The agreement was signed on September 24 at General Atlantic's headquarters in New York City.
Under this agreement, LG CNS and General Atlantic will jointly identify enterprise technology companies in the SW and AI sectors and evaluate potential investment opportunities. Specific investment amounts and terms will be disclosed on a case-by-case basis once target companies are confirmed.
Enterprise technology refers to software and AI technologies that support core operations across various industries, including manufacturing, finance, logistics, and energy.
LG CNS plans to diversify its business portfolio through investments in enterprise technology firms. In addition to its existing IT services and AX business, the company aims to strengthen its enterprise software operations, which can generate stable and recurring revenue, while establishing a foundation for expansion into global markets.
General Atlantic is a global investment firm with assets under management totaling $130 billion (approximately 175 trillion won) as of June 30, 2026. LG CNS intends to leverage General Atlantic's global investment expertise alongside its own AX business capabilities to identify high-growth potential enterprise technology companies.
Both companies will not only focus on identifying target firms but will also explore ways to create business synergies in the global market by combining LG CNS's AX capabilities with the technologies of the invested companies.
“As AI accelerates the transformation of how companies operate, proactively securing enterprise software that handles core business functions and data will be a crucial momentum for establishing a foundation for future growth,” said LG CNS President Hyun Shin-kyun. “We will work with General Atlantic to secure a core business foundation that will influence future growth and combine it with LG CNS's AX capabilities to create new customer value.”
* This article has been translated by AI.
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