Epama company dedicated to digital services and engineering softwareannounced on Wednesday, September 4, 2024 that reached an agreement for the acquisition of Neoris.
Neoris is a global, technology-advanced consulting firm headquartered in Miami, United Statesbut that with almost 5 thousand collaborators has a presence in Latin America and Spain.
With this union Epam and Neoris They seek to be biggeras they broaden their horizons to reach more parts of the world.
Epam buys Cemex’s stake in Neoris; acquisition will strengthen the presence of both companies
Epam He stated that the sellers of Neoris are funds managed by the investment firm Advent Internationaland for Cemexa company dedicated to the construction industry.
They stated that Neoris has vast experience in software developmentconsulting in various domains, in addition to data management for digital strategies.
All this thanks to their work in a wide variety of industries, which range from the telecommunications sector to banking and consumer goods.
Arkadiy DobkinCEO of Epamstressed that with the purchase of Neoris it will helpobstruct their presence in Latin American countriessince they are strengthening this in countries in Europe and Asia.
In addition, the executive highlighted that thanks to the quality of the work carried out by Neoris, added to Epam’s experience in various branches of the industry, they will become in important partners worldwide.
For its part, Martin MendezCEO of Neoris, assured that the partnership that both companies will be able to form will give them the possibility of be leaders in digital transformation.
All this while they will continue to respond to their client portfolio, delivering technology solutionswhich he said will now be even more diverse.
Cemex highlights Neoris sale as part of its portfolio restructuring
Fernando GonzalezCEO of Cemex, highlighted that the sale of Neoris corresponds to part of its strategies of portfolio restructuring.
This refers to the 38.4% stake they had in Neoriswhich acquires Epam Systems for a figure close to $209 million.
He pointed out that the Mexican company I created Neoris a couple of decades agobeing a spearhead in the field of technological consulting.
Fernando Gonzalez He highlighted that Cemex managed to be leader and reference in the digital technology industry, although they will now focus entirely on their core businesses.
Cemex CEO Fernando González Olivieri. (Gabriela Perez Montiel / Cuartoscuro)
2024-09-05 15:49:36