Fundraising Fox

Gabia

Public · 1 known investors

South Korean internet infrastructure provider offering domains, hosting, cloud, IDC/IX and security services.

Also known as A079940 · Gabia Inc. · GABIA, Inc. · 가비아

Investors · 1

Company profile

researched Aug 2026

Gabia Inc. is a South Korean provider of internet infrastructure and solution services. Its offering spans domain registration and management, web and image hosting, internet exchange (IX) and internet data center (IDC) services, content delivery, cloud computing and information security [2][5].

The company organises its business into four reported segments. The Cloud and IT segment supplies infrastructure-as-a-service (IaaS), software-as-a-service (SaaS) products covering email, messenger and electronic payment functions, and desktop-as-a-service (DaaS) for access to corporate networks. The IX/IDC segment covers interconnection services together with web hosting, image hosting and GPU colocation. The Security segment provides integrated security services including on-site and remote monitoring, incident response, vulnerability assessment and consulting. A remaining segment covers domain registration, renewal, reservation, transfer, management and purchasing agency services [5].

Gabia publishes open-source material and developer resources on GitHub, including UI toolkits, corporate typefaces, design-system documentation for its Hiworks products and usage examples for its AI Hub (AI gateway) service [0]. Gabia holds equity stakes in related companies, including KINX, Inc. (36.3%), AXGATE Co., Ltd. (32.93%) and SPSoft Inc. (0.21%) [5].

Business model

Gabia sells internet infrastructure services to businesses on a subscription and recurring-service basis, covering domain registration and renewal, hosting, colocation and interconnection, cloud infrastructure and software services, and managed security. Revenue is reported as a single "Internet Infrastructure Services" activity line, with results split across cloud/IT, IX/IDC, security and domain-related segments [5].

Reported revenue from internet infrastructure services was KRW 200 billion in fiscal 2021, KRW 239 billion in 2022, KRW 262 billion in 2023 and KRW 282 billion in 2024 [5].

Latest developments

On 19 July 2026 Macquarie Korea Opportunities Private Equity Limited Partnership No. 6, managed by Macquarie Asset Management, proposed to acquire a 74.99% stake in Gabia for approximately KRW 470 billion, and on 20 July 2026 DCK Investment launched a tender offer [5]. On 21 July 2026, Miri Capital Management urged Macquarie to raise its 48,000 won ($32.40) per share tender offer, saying Gabia is worth 66,200 won per share and citing the interests of holders of affiliate KINX [3]. As of the end-August 2026 quote, shares traded at 45,850 KRW [5]. Shareholders of record include DCK Investment (24.37%), Miri Capital Management (24.17%), CEO Kim Hong-Gook (18.46%), Align Partners Capital Management (14.29%) and Gumshoe Capital Management (5.69%) [5].

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Gabia is classified within other IT services and consulting and is a Kosdaq-listed internet infrastructure operator in South Korea, with a market capitalisation of about $434 million as quoted in August 2026 [5]. Its 2026 acquisition contest drew participation from Macquarie Asset Management, DCK Investment and activist shareholders Miri Capital Management and Align Partners [3][5].

Technology

Services are built on cloud infrastructure (IaaS), SaaS applications for email, messenger and electronic payment, and DaaS for corporate network access, alongside internet exchange interconnection, data center hosting and GPU colocation, plus security monitoring and vulnerability assessment capabilities [5]. Public code repositories cover a Vue.js UI toolkit, a webhook router, an OpenSearch Data Prepper Kubernetes operator and examples for the company's AI Hub gateway [0].

Go-to-market

Primarily corporate and business customers requiring domains, hosting, data center and interconnection capacity, cloud and SaaS tools such as email and messaging, DaaS access to corporate networks, and security monitoring and consulting [5][2].

Geography

Gabia is headquartered in South Korea, listed by Forbes as Seongnam and by MarketScreener at 4th to 6th Floor, Galhyeon-dong, Gwacheon-si [2][5]. Sales are predominantly domestic: in fiscal 2024, South Korea accounted for KRW 262 billion of revenue versus KRW 20.33 billion overseas (2023: KRW 240 billion domestic, KRW 21.46 billion overseas) [5].

History

Gabia was founded in 1999, with an inception date of 21 September 1999 recorded in Wikidata [2][4]. Kim Hong-Gook has served as chief executive officer since May 2011, and Jong-Hong Won has been finance director/CFO since December 2009 [5]. The company is listed on the Korea Exchange [4][5]. In July 2026 Macquarie Asset Management, through Macquarie Korea Opportunities Private Equity Limited Partnership No. 6, proposed acquiring a 74.99% stake from Hong Yong-ja, Youhost Co. Ltd., SPSoft Inc. and others for roughly KRW 470 billion, and DCK Investment launched a tender offer [3][5]. US activist investor Miri Capital Management publicly pressed Macquarie to raise its 48,000 won per share offer, arguing the shares are worth 66,200 won [3].

Risks & controversies

Gabia is the subject of a contested control situation: Macquarie's tender offer at 48,000 won per share has been challenged by Miri Capital Management as significantly undervaluing the company, with the activist arguing for 66,200 won per share and raising protections for KINX holders, while DCK Investment has launched a competing tender offer [3][5].

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Domestic revenue (South Korea)Jan 2024KRW 262 billion
EmployeesJan 2026419 people
Market capitalizationAug 2026$434M
Overseas revenueJan 2024KRW 20.33 billion
Share priceAug 202645,850 KRW
Stake in AXGATE Co., Ltd.Jan 202632.9%
Stake in KINX, Inc.Jan 202636.3%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jul 2026
Miri Capital presses Macquarie to raise its tender offer for Gabia

Miri Capital Management LLC publicly urged Macquarie Asset Management to lift its 48,000 won per share bid, arguing Gabia is worth 66,200 won a share and seeking protection for holders of affiliate KINX.

source ↗

Jul 2026
DCK Investment launches tender offer for Gabia

source ↗

Jul 2026
Macquarie Asset Management fund proposes to acquire 74.99% stake in Gabia

Macquarie Korea Opportunities Private Equity Limited Partnership No. 6, managed by Macquarie Asset Management Pty Limited, proposed to acquire a 74.99% stake in Gabia, Inc. from Hong Yong-ja, Youhost Co. Ltd., SPSoft Inc. and others for approximately KRW 470 billion; the friendly tender offer was priced at 48,000 won ($32.40) per share.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Gabia do?
South Korean internet infrastructure provider offering domains, hosting, cloud, IDC/IX and security services.
Who are Gabia's investors?
Gabia's investors include Kiwoom Investment.