EPAM adds 500 staff in Argentina and Chile with Vates deal

26 March 2024 Consultancy.lat 1 min. read

Global technology services company EPAM has acquired Vates, a software development company with offices in Argentina and Chile.

US-headquartered EPAM has added more than 500 professionals in Latin America through the acquisition of Vates, lifting its headcount in the continent to over 3,000 staff.

Founded in 2001, Vates provides software development, application testing, digital consulting, system integrations, big data and IT support services to clients across multiple sectors, including financial services, healthcare, high-tech, media and telecommunications.

EPAM adds 500 staff in Argentina and Chile with Vates deal

“With the addition of hundreds of skilled engineers across LATAM, we’re excited to leverage Vates’ strong engineering capabilities to enhance the business value we provide our clients,” said Hugo Gomez, Vice President of Latin America at EPAM.

Ethan Matyas, Senior Vice President and Head of Delivery for North America at EPAM, added: “We're pleased to welcome Vates and their team of engineers to EPAM as we further develop next-gen solutions to support today’s most complex technological challenges.”

“We look forward to enhancing global delivery for clients and bringing new opportunities for local technical talent, while reinvesting in their communities.”

Mario Barra, one of the Co-Founders of Vates, said that the company decided to join EPAM for three main reasons. “Together, we combine an unmatched software engineering heritage, we share a multidisciplinary approach to engagements, and we have similar values and cultures.”

The deal continues a series of acquisitions for EPAM in Latin America, including S4N in Colombia, Belatrix in Argentina, Avantica in Costa Rica, and iTexico in Colombia.