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EPAM Acquires Cloud Migration and Data Management Services Consultancy NAYA Technologies
Friday 08 November 2019

8 November 2019 - US-based digital platform engineering and software development services provider EPAM Systems, Inc. (NYSE: EPAM) has acquired Israel-based Cloud Migration And Data Management Services consultancy NAYA Technologies and its US subsidiary, NAYA Tech, the company said.
With NAYA's big data, software development and cloud migration expertise, this acquisition complements EPAM's technology consulting practice and further enhances its strong capabilities in data management and cloud services.
With the addition of NAYA Tech, EPAM also acquires migVisor, an automated database migration assessment tool for heterogeneous and lift-and-shift cloud migrations.
As one of the only database migration assessment tools on the market that is actively promoted by major cloud providers, migVisor enables a full range of cloud engagements and speeds time-to-value for clients looking to move faster toward cloud-native solutions.
In addition to cloud migration, NAYA focuses on data platform architecture design and database implementation for its global clients. NAYA also provides training services from business intelligence to software engineering for customer in-house teams looking to independently build, operate and optimize their cloud solutions.
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a global product development, digital platform engineering, and top digital and product design agency.
EPAM's global teams serve customers in over 25 countries across North America, Europe, Asia and Australia.
Date Published: 08/11/2019
Target: NAYA Technologies, NAYA Tech
Country: Israel
Sector: IT/Online Services
Type: Corporate acquisition
Status: Closed
Buyer: EPAM Systems, Inc
Terms of the deal were not disclosed