South Korea's LG CNS said on Tuesday it signed a memorandum of understanding (MOU) with the US-based real estate management SomeraRoad and Mastern America, South Korean Marston Investment Management's US subsidiary to enter the smart building business in the US.
The three companies plan to undergo digital transformation (DX) of the hotels and resorts, townhouses, and commercial buildings in Kansas City, Missouri and Nashville, Tennessee.
LG CNS will introduce its Cityhub building platform. It's an integrated building management platform, which offers various functions such as data collection, facility control, and energy management for large structures such as office buildings and factories.
LG CNS will provide mobile passes, employee cards, and content management systems based on blockchain technologies.
Write to Hae-Sung Lee at ihs@hankyung.com
(Courtesy of Getty Images) LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in January 2025, betting on the belief in a seasonal increase in stock prices during the first month of each year.LG CNS, DN