M/24/061 – EPAM/First Derivative
Transaction details
The proposed acquisition by EPAM Systems, Inc. of sole control of First Derivative Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday October 17, 2024 | Friday, November 1, 2024 |
| Parties Involved | Business activities |
|---|---|
| EPAM Systems, Inc | EPAM Systems, Inc ("EPAM") is a software engineering company, active in over 55 countries worldwide and headquartered in Pennsylvania, United States. |
| First Derivative Limited | First Derivative Limited ("First Derivative") comprises twelve subsidiaries (the "Target Group") and First Derivative is the holding company for the Target Group. The Target Group constitutes the First Derivative division of FD Technologies plc. |
| Economic sector | Media merger |
|---|---|
| Professional Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, October 31, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Éadaoin Burns | eadaoinburns@ccpc.ie |
Media enquiries: communications@ccpc.ie
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