Epam Systems (NYSE: EPAM), a Newtown, PA-based digital transformation services and product engineering company, acquired Neoris, a Miami, FL-based global advanced technology consultancy with approximately 4,800 professionals across major talent hubs in Latin America, Spain and the U.S.
The amount of the deal was not disclosed.
The acquisition will enhance Epam’s delivery capabilities in Latin America and Europe, boosting client value across key industries.
Neoris specializes in delivering complex digital engagement and transformation projects for clients in the Americas and Europe across Manufacturing, Banking, CPG & Retail, Telco & Media, among others. They utilize their software development and technology consulting expertise in multiple domains, including Digital Experience, Engineering, SAP, Data, Analytics, ML & AI, Interactive UX, Digital Strategy and Enterprise Architecture.
Founded in 1993, Epam Systems is a global provider of digital engineering, cloud and AI-enabled transformation services, and a business and experience consulting partner for global enterprises and startups.
The closing of this acquisition marks a strategic expansion for Epam—creating a competitive offering for clients across Latin America and in Spanish- and Portuguese-speaking countries—while broadening EPAM’s global and nearshore delivery capabilities across North America, India and Europe.
FinSMEs
04/11/2024