Announced

Completed

EPAM Systems completed the acquisition of the First Derivative business of FD Technologies for £230m.

Synopsis

EPAM Systems, a provider of digital engineering, cloud and AI-enabled transformation services, completed the acquisition of the First Derivative business of FD Technologies, a provider of software and consulting services, for £230m. "We are pleased to officially join forces with EPAM, a partner whose commitment to technological innovation aligns perfectly with our vision. Together, EPAM and First Derivative offer strengthened financial services to clients, empowering operational insights, driving innovation and more effectively managing risk in an increasingly data-driven landscape," David Collins, First Derivative CEO.

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