EPAM Systems IPO
EPAM Systems is a global provider of digital platform engineering and software development services, specializing in product development, platform engineering, and digital transformation for Fortune 1000 companies. The company has particular expertise in complex technical implementations across industries like financial services, travel, and retail. Investors value EPAM for its premium positioning in the IT services market and its focus on high-value digital engineering services.
Key Facts
| Industry | IT Services & Consulting |
| Founded | 1993 |
| Headquarters | Newtown, PA |
| Employees | ~58,000 |
| Website | epam.com |
| Funding | Public company - NYSE: EPAM |
About EPAM Systems
EPAM Systems is a global digital transformation services and product engineering company that provides software development, digital platform engineering, and consulting services to Fortune 1000 companies. The company specializes in complex software development projects, particularly in financial services, healthcare, retail, and technology sectors, with strong expertise in cloud migration, data analytics, and emerging technologies. EPAM has built a reputation for handling sophisticated technical challenges and has a significant presence in Eastern Europe, which provides cost advantages while maintaining high technical talent quality. The company's engineering-first culture and focus on innovation has made it a preferred partner for digital transformation initiatives, particularly for clients requiring advanced software engineering capabilities and rapid scaling of development teams.
IPO Status
EPAM Systems went public in February 2012, listing on the New York Stock Exchange under the ticker EPAM with an IPO price of $12 per share. The IPO raised approximately $51 million and was considered successful, with the stock performing well in its early years as a public company. Since its IPO, EPAM has grown significantly through both organic expansion and strategic acquisitions, becoming one of the fastest-growing companies in the IT services sector. However, the company faced significant challenges in 2022 due to the Russia-Ukraine conflict, as it had substantial operations in both countries. EPAM has since been restructuring its operations and geographic footprint while maintaining its focus on high-end digital engineering services.
Competitors
Frequently Asked Questions
Does EPAM Systems have a stock?
Yes, EPAM Systems completed its IPO in February 2012, listing on the New York Stock Exchange under the ticker EPAM. The company has been publicly traded for over a decade.
When is the EPAM Systems IPO date?
EPAM Systems already completed its IPO in February 2012, so there is no upcoming IPO date. The company has been publicly traded on the NYSE for over 12 years.
How can I buy EPAM Systems stock?
You can buy EPAM Systems stock through any brokerage account since it trades publicly on the New York Stock Exchange under the ticker symbol EPAM. The stock is widely available through online brokers and investment platforms.
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