First Derivatives Plc, a provider of capital markets technology based in Newry, Northern Ireland, has acquired Lepton Solutions Pty (trading as Hologram), an Adelaide-based technology company, for up to A$2.2 million (£1.05 million). 

First Derivatives Plc, a provider of capital markets technology based in Newry, Northern Ireland, has acquired Lepton Solutions Pty (trading as Hologram), an Adelaide-based technology company, for up to A$2.2 million (£1.05 million).

Hologram has offices in Adelaide and Sydney and specialises in risk management and stock market exchange trading software. Brian Conlon, First Derivatives CEO, said: “The skills of Hologram’s executive team complement those of First Derivatives extremely well and Hologram’s product range will slot seamlessly into our Delta product suite. The Hologram principals have a track record of developing and marketing enterprise software in our domain and this expertise adds to our team of world-class technology professionals.”

In the six months ended 31 August 2008, First Derivatives reported an increase in turnover of 21 per cent to £6.8 million.