EPAM's Strategic Expansion in Financial Services through First Derivative Acquisition
Monday, 7 October 2024, 06:44
EPAM's Strategic Acquisition
EPAM Systems (EPAM) is poised to enlarge its reach in the financial services sector with the acquisition of First Derivative. This company, based in Northern Ireland, specializes in managed services and consulting tailored for the capital markets.
Key Benefits of the Acquisition
- Enhanced Service Offerings: By incorporating First Derivative, EPAM aims to expand its portfolio with specialized services.
- Increased Market Share: This move is designed to position EPAM more competitively within the financial services landscape.
- Strategic Growth: The acquisition represents EPAM's ongoing commitment to progressive growth and market leadership.
The Financial Details
While the precise financial terms of the acquisition have not been disclosed, this strategic decision highlights EPAM's focus on strengthening its operational capabilities in a highly competitive market.
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