EPAM Completes Acquisition of NEORIS

EPAM Systems, Inc., a leader in digital transformation and engineering services, has completed the acquisition of NEORIS, a Miami-based technological consultancy. This acquisition, which expands EPAM's reach and capabilities in Latin America and Europe, was facilitated by the sale from funds managed by Advent International and Cemex, the latter being a global building materials company. NEORIS, with its substantial workforce of 4,800 professionals, is renowned for its digital strategy and transformation projects across various sectors, including manufacturing, banking, and telecommunications. Recognized as a strategic expansion, this acquisition enhances EPAM's competitive service offerings within Spanish and Portuguese-speaking countries and broadens its nearshore delivery operations in North America, India, and Europe. The acquisition signifies EPAM's intention to deliver heightened client value and solidify its footprint as a top-tier provider of comprehensive digital and engineering solutions globally.