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Samsung SDS acquires Woojung Air to boost logistics

PRIVATEOct 12, 2026

Acquiring Company

Samsung SDS

Acquired Company

Woojung Air

IncheonInformation TechnologyInformation ServicesBusiness Information SystemsTransportationLogistics

Description

Samsung SDS has signed a share purchase agreement to acquire 100% of Woojung Air, a company specializing in air cargo logistics. This acquisition aims to enhance Samsung SDS's operational competitiveness in the logistics sector, which currently shows limited profitability. The acquisition process is expected to be completed by the end of the year. By integrating Woojung Air as a subsidiary, Samsung SDS plans to improve cost efficiency and strengthen its air transportation capabilities.

Company Information

Company

Samsung SDS

About

Samsung SDS is a global IT service company that provides innovative information technology services and solutions.

Fundz sees it the moment Samsung SDS makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Woojung Air?

Woojung Air was acquired by Samsung SDS. The deal was reported on October 12, 2026. Samsung SDS is a global IT service company that provides innovative information technology services and solutions. Samsung SDS is privately held and operates in Information Technology.

When did Samsung SDS acquire Woojung Air?

Samsung SDS's acquisition of Woojung Air was reported on October 12, 2026. Samsung SDS has signed a share purchase agreement to acquire 100% of Woojung Air, a company specializing in air cargo logistics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Woojung Air do?

Woojung Air specializes in air cargo logistics, providing innovative solutions for cargo space management. The company operates a digital air logistics platform called iNOMAD. It is privately held, operating in Transportation, and is based in Incheon.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.