M&A Deal Summary

FD Technologies Acquires Cognotec

On February 3, 2010, FD Technologies acquired software company Cognotec

Acquisition Highlights
  • This is FD Technologies’ 2nd transaction in the Software sector.
  • This is FD Technologies’ 1st transaction in Ireland.

M&A Deal Summary

Date 2010-02-03
Target Cognotec
Sector Software
Buyer(s) FD Technologies
Deal Type Add-on Acquisition

Target

Cognotec

Dublin, Ireland
Cognotec Ltd. is a Dublin based company delivering sophisticated, flexible and component-based technology products to the FX market. The company’s AutoDeal+ product, a leading FX pricing and execution engine is widely used throughout the world.

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Buyer(S) 1

Buyer

FD Technologies

Newry, United Kingdom

Category Company
Founded 1996
Sector Information Services
Employees600
Revenue 249M GBP (2024)
DESCRIPTION

FD Technologies is a provider of software and consulting services. FD Technologies was founded in 1996 and is based in Newry, Northern Ireland.


DEAL STATS #
Overall 4 of 12
Sector: Software M&A 2 of 4
Type: Add-on Acquisition M&A Deals 4 of 12
Country: Ireland M&A 1 of 2
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-26 Reference Data Factory

Closter, New Jersey, United States

Reference Data Factory LLC is a New Jersey-based software company specialising in reference data management systems. RDF’s software manages and distributes security master and securities reference data for financial institutions. It provides one of the most complete and configurable data management models in the industry along with a highly configurable data distribution layer such that it is able to meet the many diverse needs of users working within financial institutions today.

Buy £6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-02 LakeFront Data Ventures

Toronto, Ontario, Canada

LakeFront Data Ventures, Inc. is a Toronto-based data management and financial information consulting company. LDV is a boutique financial markets advisory firm specialising in Enterprise and Reference data. The firm provides consulting, premier industry thought leadership, subject matter talent, solutions, strategic advice and independent opinion

Buy -