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3 Dec 2024 07:00
FD Technologies plc
("FD Technologies" or the "Company")
3rd December 2024
COMPLETION OF Divestment of First Derivative
FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) is pleased to announce that the sale of First Derivative to EPAM Systems, Inc. has completed, pursuant to the terms previously announced by the Company on 7 October 2024.
For further information, please contact:
FD Technologies plc Seamus Keating, Chief Executive Officer Ryan Preston, Chief Financial Officer Derek Brown, Head of Investor Relations
| +44(0)28 3025 2242 www.fdtechnologies.com | |
| +44 (0)20 7597 5970 | |
FTI Consulting Matt Dixon Dwight Burden Victoria Caton | +44 (0)20 3727 1000
|
About KX
KX is on a mission to make AI a commercial reality for the many by addressing data challenges that impede deployment at scale. By simultaneously ingesting and analysing high volumes of historical and real-time data, KX's AI-ready analytical database enables organizations to unlock the full value of their data to accelerate innovation and make faster, more confident decisions.
KX is the world's most performant, cost-effective and energy-efficient analytical database, delivering advanced data algorithms, insights and analytics at unmatched scale and speed. KX is trusted by the world's top investment banks, Aerospace and Defence, high-tech manufacturing and health and life sciences organizations and operates across North America, Europe, and Asia Pacific.
For further information, please visit www.fdtechnologies.com and www.kx.com
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