M&A Deal Summary

EPAM Systems Acquires Odysseus Data Services

On June 13, 2024, EPAM Systems acquired information technology company Odysseus Data Services

Acquisition Highlights
  • This is EPAM Systems’ 11th transaction in the Information Technology sector.
  • This is EPAM Systems’ 13th transaction in the United States.
  • This is EPAM Systems’ 5th transaction in Massachusetts.

M&A Deal Summary

Date 2024-06-13
Target Odysseus Data Services
Sector Information Technology
Buyer(s) EPAM Systems
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

EPAM Systems

Newtown, Pennsylvania, United States

Category Company
Founded 1993
Sector Software
Employees53,150
Revenue 4.7B USD (2023)
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 26 of 28
Sector (Information Technology) 11 of 12
Type (Add-on Acquisition) 26 of 28
State (Massachusetts) 5 of 5
Country (United States) 13 of 14
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-25 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-04 Neoris

Miami, Florida, United States

Neoris is a provider of an information technology (IT) consulting and systems integration services. Neoris was founded in 2000 and is based in Miami, Florida.

Buy -