First Derivative: Newry tech business sold to US firm

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Newry-based FD Technologies has agree to sell is consulting business, First Derivative, to a US firm.

Newry-based FD Technologies has agreed to sell its consulting business, First Derivative, to a US business for £230m.They will be moving to EPAM Systems, a Pennsylvania-based digital technology firm with around 65,000 employees.

"Together, we are positioned to be the market leading services provider with a highly differentiated capability, combining strong domain expertise and the best in modern technology."

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