4iG

Hungarian ICT and telecommunications company

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4iG is a Budapest-based IT company listed in the premium category of the Budapest Stock Exchange. In the company's name, 4i refers to the English words International, Innovative, IT and Investment, while G refers to a group.^[1] Its predecessor is the IT-focused FreeSoft, founded in 1990.

History

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FreeSoft was introduced to the Budapest Stock Exchange in 2004.^[2] In 2020, the company founded a new subsidiary with Antenna Hungária Zrt. and New Space Industries Zrt., whose goal was to launch a satellite into space in 2024.^[3] In the fall of 2020, the company acquired a controlling stake of 70% in INNObyte Zrt., which primarily specializes in the fields of artificial intelligence and blockchain.^[4]