NEWTOWN, PA — EPAM Systems, Inc. (NYSE: EPAM) has successfully acquired NEORIS, a Miami-based global advanced technology consultancy, marking a significant expansion in EPAM’s global capabilities and market reach. The acquisition involves approximately 4,800 professionals spread across key talent hubs in Latin America, Spain, and the United States. The transaction was facilitated by Advent International, a prominent global private equity firm, and Cemex, a leading building materials company.
NEORIS is renowned for its expertise in managing complex digital transformation projects, serving a diverse range of sectors including Manufacturing, Banking, Consumer Packaged Goods (CPG) & Retail, Telecommunications, and Media. The company’s proficiency spans various domains such as Digital Experience, Engineering, SAP, Data, Analytics, Machine Learning & AI, Interactive User Experience, Digital Strategy, and Enterprise Architecture.
This acquisition strategically positions EPAM to enhance its service offerings in Latin America, as well as in Spanish- and Portuguese-speaking regions. It also strengthens EPAM’s nearshore delivery capabilities, enabling broader global reach across North America, India, and Europe.
By integrating NEORIS into its operations, EPAM gains a robust platform to offer competitive digital engagement solutions, further solidifying its position as a leader in digital transformation services. This move not only expands EPAM’s footprint but also enriches its ability to deliver specialized technology and consulting services to a wider array of clients globally.
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