First Derivatives Buys Kx Specialist Consultancy QuantumKDB

QuantumKDB founder Kieran Lucid was a Kdb+ engineer at First Derivatives before founding the consultancy in 2011.

M&A news

QuantumKDB was founded in 2011 by Kieran Lucid, a former Kdb+ engineer at First Derivatives, and now employs 15 consultants with Kx technology experience. The deal is worth up to £2.2 million, comprising £600,000 in cash, £1.1 million from the issue of new shares, and up to £500,000 based on achieving certain targets one year after the acquisition.

"We are experiencing increasing demand for Kx skills from existing and potential customers and the acquisition of Quantum will add to our existing ca

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: