Virtusa Net Worth is$293 M Sales
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Logo: Image:virtusa logo.png
Type: Public
Traded As: VRTU
Foundation: 1996- Colombo, Srilanka
Founder: Kris Canekeratne , Tushara Canekeratne
Location City: Westborough, Massachusetts
Location Country: USA
Locations: United States, United Kingdom, Germany, The Netherlands, Hungary, India, Singapore and Sri Lanka
Industry: Information Technology Services
Services: Consulting, Business Consulting, Application Development, Product Development, Legacy Asset Management
Revenue: United States dollardate
Num Employees: More than 5600 (As on 31 March 2012) url
Homepage: []
Virtusa Corporation (NASDAQ: VRTU) is information technology service company headquartered at Massachusetts, USA. The company provide IT Consulting, Business Consulting, Systems Implementation and Application Outsourcing service to large enterprises and software vendor.
Virtusa has partnership with global software vendors including IBM, Microsoft, SAP, Pegasystems, OpenText and Oracle Corporation among others, to provide custom solutions and services in Business Process Management (BPM), Enterprise Content Management (ECM), Enterprise Mobility, Data Warehousing and Business Intelligence as well as ERP Services and Business Consulting.
The company, founded in 1996, has office and delivery center in U.S., U.K., Germany, Netherlands, India, Singapore and Sri Lanka.
Virtusa was founded a??Software Solutionsa?? in 1996 as software development company. The company started in one of the back rooms of founder, Cris Kanekarathnea??s residence in Colombo, Sri Lanka.
In 1997, Software Solutions was renamed as a??Technology Providers Internationala?? and was involved in outsourced object-oriented software design and development service. In 1998 the company opened their head office at Westborough, Massachusetts and the company was incorporated as Technology Providers Inc. in the United States.
In 2000, during e-commerce trend, Technology Providers International was renamed a??eRUNWAY Inc.a?? and offered eBusiness, Internet software development and systems integration services.
eRUNWAY was re-launched as a??Virtusa Corporationa?? on April 22, 2002. The name Virtusa is derived from the Latin "virtus" meaning excellence. Virtusa went public on August 3, 2007 by listing on the NASDAQ exchange.
On November 5, 2009, Virtusa announced the acquisition of InSource,a technology consulting company with specialization in the Insurance and Healthcare industries. InSource is based in Hartford, Connecticut, USA and has approximately 50 employees.
In February 2010, the c

Virtusa Net Worth, 5.0 out of 5 based on 2 ratings

Virtusa Latest News

VirtusaPolaris recognised at SLASSCOM Awards 2016

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd. and a leading worldwide provider of information technology (IT) consulting and outsourcing services, was recognized for ‘Excellence in Capacity ...
Posted: October 23, 2016, 12:26 pm

Virtusa Corp. (VRTU) Raised to Hold at Zacks Investment Research

Virtusa Corp. (NASDAQ:VRTU) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday. According to Zacks, “Virtusa Corporation is a global information technology services ...
Posted: October 12, 2016, 8:18 am

Virtusa: Trading At The Lowest Forward P/S Ratio In Years

Future guidance cut but Polaris contribution improved. Updated guidance still calls for sales and EPS growth in the mid-single digits. Many of the headwinds are transitory. This upcoming quarter could probably see a through in sales, EPS. The 50% stock ...
Posted: May 19, 2016, 2:49 pm
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