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Major restructuring
- Newry-based FD Technologies is to undergo a major restructuring which will see the business broken into three separate firms.
www.bbc.com/news/uk-northern-ireland-68444665FD Technologies: Newry firm to be split into three companies
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May 21, 2024 · Newry-based FD Technologies made a pre-tax loss of £7.7m last year as it undergoes a major restructuring. Two divisions of the firm are due to sold off with the remaining business focused on...
May 23, 2023 · Newry-based FD Technologies made a pre-tax loss of £1.2m last year due to one-off restructuring costs and investment in a new IT system. The company primarily provides software and services to...
Nov 2, 2021 · Newry-based FD Technologies made a loss of £1.6m in the first half of 2021 as it spent heavily on implementing a new strategy. The firm, formerly known as First Derivatives, is focusing on ...
Oct 7, 2024 · Newry-headquartered FD Technologies has agreed to sell one of the core arms of its business to US software company EPAM for £230 million (€274m). The deal for its First Derivatives division is...
Oct 7, 2024 · Newry-based FD Technologies has agree to sell is consulting business, First Derivative, to a US firm for £230m. First Derivative employs about 1,800 people across its global operations.
Oct 7, 2024 · The County Down, Northern Ireland-based group of data-driven businesses, including technology and digital solutions providers KX, First Derivative, and MRP, said it has struck a deal to sell its ...