About ACE Network
ACE Network is a company based in Budapest (Hungary) founded in 2017 was acquired by 4iG in March 2021. It operates as a Managed Services, and Professional Services. ACE Network offers products and services including Network Infrastructure, IT Security, Data Center Infrastructure, Collaborative Solutions, and Managed Services. ACE Network operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Budapest, Hungary
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ace Network Zrt.
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Products & Services of ACE Network
ACE Network offers a comprehensive portfolio of products and services, including Network Infrastructure, IT Security, Data Center Infrastructure, Collaborative Solutions, and Managed Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Network infrastructure is designed and implemented for clients.
IT security solutions are provided for data protection.
Data center infrastructure is developed for enterprise needs.
Collaborative solutions are built to enhance workplace efficiency.
Managed services are offered for seamless IT operations.
Funding Insights of ACE Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ACE Network
ACE Network has secured backing from 1 investor. Prominent investors backing the company include 4iG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cybersecurity, managed, and industrial solutions are provided by 4iG.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACE Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ACE Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ace Network Comparisons
Competitors of ACE Network
ACE Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ACE Network
When was ACE Network founded?
ACE Network was founded in 2017.
Where is ACE Network located?
ACE Network is headquartered in Budapest, Hungary.
What does ACE Network do?
ACE Network is involved in delivering comprehensive IT solutions, focusing on network infrastructure, IT security, data center infrastructure, and collaborative solutions. Services are provided primarily on Cisco, Meraki, Aruba, and F5 platforms. The company supports partners in digitalization and innovation across various sectors, ensuring optimal user experiences and cost efficiencies. Managed services are also offered to ensure seamless IT operations for enterprises.
Who are the top competitors of ACE Network?
ACE Network's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does ACE Network offer?
ACE Network offers Network Infrastructure, IT Security, Data Center Infrastructure, Collaborative Solutions, and Managed Services.
Who are ACE Network's investors?
ACE Network has 1 investor. Key investors include 4iG.
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