DBT Bureau
Pune, 3 Nov 2024
EPAM Systems, Inc. has completed its acquisition of NEORIS, a Miami-based global technology consultancy with around 4,800 professionals in Latin America, Spain, and the U.S. The sellers were funds managed by Advent International and Cemex.
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 strong 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.
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.