4iG had announced the deal to boost its stake in ACE Network in December. 4iG acquired a 70pc stake in ACE Nework's legal predecessor, Spacenet, in 2021.

ACE Network is a Cisco GOLD Integrator and Provider partner. It represents F5, Palo Alto, HPE, Check Point, Juniper, Fortinet and Nokia in Hungary.

The company's revenue reached HUF 10bn in 2024.
 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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