First Derivatives scoops up CognotecCounty Down-based tech firm First Derivatives announced yesterday that it bought the Dublin company Cognotec out of receivership. It paid for €3.4m ($4.6m) for the company.Cognotec was once worth more than €150m and employed 200 people, but its value fell in 2007 after it lost its biggest customer.The company was placed in receivership on January 22 2010. It owed about €6.9m to Barclays Bank. First Derivatives chief executive Brian Conlon said in a statement that: “First Derivatives will extend Cognotec's product and service capabilities significantly, through increased investment, together with...