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EPAM Completes $72 Million IPO on NYSE

Files under: News
Posted by: admin @ 10:03 [8. 02. 12]

EPAM Systems, the largest IT oursorcing software engineering service provider in Eastern Europe, has completed its initial public offering (IPO) on New York Stock Exchange (NYSE), the company said. In total, 6 million shares of common stock were sold at IPO at $12 per share, valuing EPAM at $488 million. The price of shares is [...]

EPAM Raised $50 Million To Acquire Software Developers

Files under: News
Posted by: Quintura @ 14:05 [20. 05. 08]

The private equity groups Renaissance Investment Management and Da Vinci Capital co-led a $50 million investment in EPAM Systems, the largest software development outsourcing services provider in Eastern Europe and Russia. Euroventures of Hungary also participated in the round. The leading Russian investment bank Renaissance Capital acted as a sole advisor on the transaction. EPAM [...]

Da Vinci Capital Invests in EPAM Systems

Files under: Enterprise, News
Posted by: Quintura @ 08:21 [17. 04. 08]

The private equity firm Da Vinci Capital invested $18 million in EPAM Systems, the Eastern Europe and Russia’s largest software development outsourcing services provider, reported RBC Daily. It is estimated that Da Vinci Capital obtained a 17 percent stake in EPAM that reported revenues of $115 million in 2007. In 2006, EPAM Systems received $25 [...]

EPAM Systems Enters Oil Rich Kazakhstan With Surprise Acquisition

Files under: Enterprise, News
Posted by: Quintura @ 07:47 [3. 04. 08]

The Eastern Europe and Russia’s largest software development outsourcing services provider EPAM Systems agreed to acquire Plusmicro, a leading ERP software development and services company in Kazakhstan in all-share deal. The deal is the first ever cross-border software company acquisition in Kazakhstan, the largest Central Asian country known for its vast mineral resources and not [...]