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Announced

Completed

EPAM Systems completed the acquisition of Deltix.

Synopsis

EPAM Systems, a global provider of digital platform engineering and software development solutions, completed the acquisition of Deltix, a provider of software and services for quantitative research, algorithmic trading and execution analytics across equities, futures, options, FX, fixed income and digital assets. Financial terms were not disclosed. “We are pleased to welcome Deltix to EPAM. Deltix’s deep experience in quantitative research, algorithmic trading and execution analysis will be a valuable addition to EPAM’s growing FinTech practice, while also enabling us to expand these capabilities to other industries where real-time event processing is critical. With our combined expertise, we look forward to helping our global customers gain actionable intelligence through event-driven data analytics,” Balazs Fejes, EPAM Systems EVP, Co-Head of Global Business.

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