M&A Deal Summary

EPAM Systems Acquires Enginiety

On January 25, 2022, EPAM Systems acquired information technology company Enginiety

Acquisition Highlights
  • This is EPAM Systems’ 10th transaction in the Information Technology sector.
  • This is EPAM Systems’ 1st transaction in Poland.

M&A Deal Summary

Date 2022-01-25
Target Enginiety
Sector Information Technology
Buyer(s) EPAM Systems
Deal Type Add-on Acquisition

Target

Enginiety

Gliwice, Poland
Enginiety is a full-service commerce technology delivery firm, including specializations in SAP Commerce Cloud capabilities. Enginiety provides support to evaluate, choose and implement commerce, PIM, DXP, CMS, and DAM solutions to build up a consistent, flexible, and future-proof system architecture. Enginiety was founded in 2009 and is based in Gliwice, Poland.

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Buyer(S) 1

Buyer

EPAM Systems

Newtown, Pennsylvania, United States

Category Company
Founded 1993
Sector Software
Employees61,200
Revenue 4.7B USD (2024)
DESCRIPTION

EPAM Systems is a provider of digital engineering, cloud, and AI-enabled transformation services, as well as a business and experience consulting partner for global enterprises and ambitious startups. EPAM Systems was incorporated in 1993 and is based in Newtown, Pennsylvania.


DEAL STATS #
Overall 25 of 28
Sector: Information Technology M&A 10 of 12
Type: Add-on Acquisition M&A Deals 25 of 28
Country: Poland M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Optiva Media

Madrid, Spain

Optiva Media is a niche professional services firm that provides product development and digital services to media companies. Optiva Media supports worldwide leading TV and media companies delivering outstanding user experiences, offering services and solutions along the full value chain including product, project, Integration, and operations journey. Optiva Media was founded in 2002 and is based in Madrid, Spain.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-13 Odysseus Data Services

Cambridge, Massachusetts, United States

Odysseus Data Services is a health data analytics company that generates healthcare data insights and evidence for clients through skilled data science and analytics, software engineering and data management and ontology and vocabulary management. The company's focus on a standardized and systematic approach to healthcare data analytics is the foundation for a better understanding of the inner workings of healthcare interventions in drug treatment, drug safety and efficacy, epidemiological research, provider support, quality measurements and cost reduction. Odysseus Data Services was formed in 2015 and is headquartered in Cambridge, Massachusetts.

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