EPAM Systems, a leading transformation services, and product engineering company announced the acquisition of Vates S.A., an award-winning software development company with offices in Argentina and Chile. Vates will enhance EPAM’s software development portfolio and diversify its Latin America delivery capabilities.
Vates is a market leader that delivers end-to-end solutions for leading enterprise clients across multiple industries, including finance, healthcare, high-tech, media, and telecommunications. Since 1991, Vates focused on technology research and innovation to provide services like custom software development, application testing, digital consulting, system integrations, big data analysis, and IT maintenance and support. And Vates’ global clients include Thomson Reuters, Claro, and Bancor.
Over the last few years, EPAM has been rapidly expanding in LATAM by adding offices in Bogotá and Medellín, Colombia, and acquiring Colombia-based S4N for helping build a more agile and diverse global delivery organization.
KEY QUOTES:
“Vates shares our Engineering DNA and integrated consulting approach for accelerating digital transformation and enhancing business value, empowering the world’s leading brands to become more agile and adaptive enterprises. With the addition of hundreds of skilled engineers across LATAM, we’re excited to leverage Vates’ strong engineering capabilities, including cloud, testing, and Atlassian platform knowledge.”
- Hugo Gomez, Vice President of Latin America at EPAM
“We’re pleased to welcome Vates and their team of 500+ talented engineers to EPAM as we further develop next-gen solutions to support today’s most complex technological challenges. With the addition of Vates, our team continues to grow as a leader in advanced digital services in LATAM with 3,000+ employees in the region. We look forward to enhancing global delivery for clients and bringing new opportunities for local technical talent, while reinvesting in their communities.”
- Ethan Matyas, Senior Vice President and Head of Delivery, North America at EPAM
“We’re excited to join forces with EPAM and serve our clients at a greater scale with advanced technologies and services. Together, we combine an unmatched software engineering heritage and creativity to deliver enhanced multidisciplinary engagements to customers in the Americas and worldwide.”
- Mario Barra, Co-Founder of Vates
“We are thrilled to embark on a new and exciting journey with EPAM, a natural partner that shares our company values and vision for growth. Our leadership team will stay in place as we maintain our dedication to our clients and employees and explore new possibilities that leverage our combined expertise and strengths in software engineering, design, cloud, data and AI.”
- Bernardo Barra, CEO of Vates
