MDS Tech Inc. is a Seongnam-based embedded software company providing development tools, operating systems and related services.
Founded in 1998 and based in Seongnam, South Korea, MDS Tech Inc., formerly Hancom MDS Co., Ltd., develops embedded software development tools, operating systems and digital engineering solutions for automotive, semiconductor and industrial customers. In November 2024, Synergy IB Investment bought 19.5 million shares at KRW 974 apiece for KRW 19 billion in a PIPE deal. As of 2026 the company is led by co-CEOs Lee Chang-yeol and Lee Jeong-seung.
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