secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001352010-24-000034
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPAM completes $630M acquisition of NEORIS, boosting LatAm and Europe delivery
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- Acquired 99.692% of NEORIS for $630M cash, subject to customary adjustments.
- NEORIS adds ~4,800 professionals across Latin America, Spain, and the U.S.
- Sellers: Advent International and Cemex; deal closed November 1, 2024.
- Acquisition expands EPAM's nearshore delivery capabilities and client reach in key industries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201024000034/0001352010-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201024000034/epam-20241101.htm
  HTML page:      https://secwatch.observer/filing/0001352010-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer