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EPAM Strengthens Place as a Consultancy Chief within the DACH Area with Acquisition of CORE SE

EPAM takes over CORE SEORE

BERLIN, July 27, 2021 / PRNewswire / – EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of engineering and development services for digital platforms, today announced the acquisition of CORE SE, a professional service provider focused on IT strategy and technology-driven Specializes in transformations. After the recent announcement of a new one Berlin With the takeover of CORE SE by EPAM, Office will further expand its Western European presence in the DACH region.

“The acquisition of CORE SE is part of EPAM’s strategy to respond to the growing business needs of our Western European customers to implement their technology transformation agenda in various industries,” said Balazs Fejes, President for EU and APAC Markets at EPAM. “We look forward to serving as strategic advisor to our customers looking to develop scalable solutions to solve their complex business needs.”

CORE is a technology think tank with offices in Germany (Berlin), United Arab Emirates (Dubai), Great Britain (London) and Switzerland (Zurich). You develop solutions based on market knowledge, sound technology know-how and high methodological competence – with a focus on IT strategy, IT architecture, solution design and software development.

“We are delighted to welcome CORE to the EPAM family,” said Peter Kuerpick, SVP, CTO of Enterprise Platforms and Managing Director of EPAM Germany. “The strategic IT consulting and software architecture expertise of CORE will enable us to effectively advise our customers on the development and delivery of business-critical modern solutions and to offer them a high degree of adaptability and management of their demanding technology transformations.”

“As EPAM’s trusted partner over the years, we couldn’t be happier to join forces – as they align very well with our corporate culture and values,” said Fabian Meyer, Board member and Head of International Business at CORE SE. “With EPAM’s impressive growth history, there are enormous synergies with our focus practices, industries and regions, which in turn offer our customers even more value.”

Via EPAM systems
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform development, and leading digital and product design agency. Through its engineering DNA and innovative strategy, consulting and design skills, EPAM works with customers to deliver next generation solutions that turn complex business challenges into real business results. EPAM’s global teams serve customers in more than 35 countries across the world North America, Europe, Asia and Australia. A recognized leader in multiple categories among the world’s leading independent research agencies, EPAM was one of only four technology companies to be featured on Forbes’ 25 Fastest Growing Public Technology Firms list each year of publication since 2013, and was named Best IT by Fortune – Service companies ranked list of 100 Fastest Growing Companies in 2019 and 2020. Learn more at www.epam.com and follow us on Twitter @EPAMSYSTEMS and LinkedIn.

About CORE SE

Founded in 2009 in Berlin, CORE is a technology think tank and trustworthy partner for state and private institutions, especially in highly regulated industries such as finance, biotechnology, automotive and logistics, but also for start-ups, especially FinTechs. With around 100 highly qualified experts, CORE supports customers in critical IT transformation projects with branches in Berlin, Zurich, Dubai and London, in collaboration with leading institutions where IT is a critical factor in business success. Guided by the corporate values ​​of trust, performance and competence, CORE delivers professional competence with a focus on the highest quality. Learn more at www.core.se/ and follow us on LinkedIn.

Forward-Looking Statements
This press release contains statements that may constitute forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which is necessarily subject to risks, uncertainties and assumptions about future events that may not prove to be correct. Factors that could cause actual results to differ materially from those expressed or implied include the general economic situation and the factors discussed in our latest Annual Report on Form 10-K and other filings with the United States Securities and Exchange Commission became. EPAM assumes no obligation to update or revise any forward-looking statements as a result of new information, future events or for any other reason, except as required by applicable securities law.

EPAM logo (PRNewsfoto / EPAM Systems, Inc.)

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SOURCE EPAM Systems, Inc.