EPAM Systems to buy Netsoft USA
Founded in 1999, Netsoft USA has a 15 year history of successfully delivering high-value business and complex IT solutions. The company works with leading health plans in the U.S. on their medical management and claims systems and specializes in working with leaders in pioneering fields such as accountable care organizations (ACO), tele-medicine, healthcare analytics, personalized medicine, Health Information Exchanges (HIE), and online self-service capabilities.
Arkadiy Dobkin, CEO and President of EPAM said, "We are excited about the acquisition of Netsoft USA, which brings to EPAM over fifteen years of experience in the Health Insurance space, one of the most dynamic segments in the U.S. today.
"This acquisition confirms EPAM's ongoing growth strategy and we will continue to evaluate opportunities that deepen our industry and technology skills to deliver complex mission-critical solutions."
Arman Ozgun, co-founder and the Managing Partner of Netsoft USA said, "There is a paradigm shift in the healthcare industry; pioneering payer and provider organizations are looking for thought leaders who can manage change and deliver solutions in a very complex environment.
"Netsoft USA's deep strategy and technology expertise in healthcare paired with EPAM's scale and experiences in consumer-centric industries will create exceptional value and unique market opportunities for our clients. There is a natural fit between our companies due to our joint focus on solving complex business and software challenges." ■