LG CNS (KRX:064400) secured the Samsong data center co-location service contract from Naver's (KRX:035420) cloud computing subsidiary Naver Cloud, according to a Wednesday filing with the Korea Exchange.
The value of the contract, which is valid till May 31, 2035, was undisclosed.
Shares of LG CNS rose more than 5% in recent trade, while those of Naver added over 3%.