EPAM Systems to acquire NEORIS from Advent International and Cemex.

EPAM Systems, a digital transformation services and product engineering company, agreed to acquire NEORIS, a Miami-headquartered global advanced technology consultancy, from Advent International, a private equity firm, and Cemex, a global construction materials company. Financial terms were not disclosed. “NEORIS’ commitment to engineering quality, innovation, and strong level of client engagement, combined with their deep expertise across our key industry segments, makes them the best partner for us. This combination will significantly strengthen our presence in LATAM while we continue to enhance our differentiated delivery capabilities across Europe, India and APAC,” Arkadiy Dobkin, EPAM Systems CEO & President.