Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Mar. 3, 9:58 PM
| This Slide: #23 of 100 |
Slide #23. EPAM Systems, Inc. — PolSource
Acquirer:
EPAM Systems, Inc. (NYSE:EPAM)
Acquiree:
PolSource
Details:
EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and development services, today announced its agreement to acquire PolSource-a Salesforce Platinum Partner with more than 350 experienced Salesforce specialists-to scale EPAM's growing Salesforce capabilities and expansion into new markets. The proposed acquisition is expected to close at the beginning of EPAM's fiscal second quarter, subject to required regulatory approvals and other customary closing conditions, at which time PolSource's senior leadership team and hundreds of Salesforce experts will join forces with EPAM Systems.
Epam Systems is a provider of digital platform engineering and software development services to customers located around the world, primarily in North America, Europe, Asia and Australia. Co.'s industry capability includes financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, as well as other emerging industries.
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Avg. Broker Rec.
 
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Strong Buy (3.50 out of 4) 59th percentile
(ranked higher than approx. 59% of all stocks covered)
Analysts' Target Price: EPAM Stock Forecast Based on Zacks ABR data; powered by Xignite |
