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VIRTUSA
Iran conflict and global risks slow GCC expansion in IndiaGlobal geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertai...- Volatile geopolitics slows GCC in MarchGlobal geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones a...
- PE-backed IT companies growing faster, thanks to costs control, ops shifts, say expertsPrivate equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes....
- Virtusa acquires Bengaluru based SmartSoC SolutionsVirtusa has bought SmartSoC to strengthen its semiconductor and AI engineering capabilities. The deal adds deep silicon design expertise an...
- Leadership transition at Virtusa; Nitesh Banga to succeed Santosh Thomas as CEOVirtusa Corporation announces Nitesh Banga as their new President and CEO, effective February 3, 2025, succeeding Santosh Thomas. Previousl...
- Virtusa appoints Santosh Thomas as CEO as founder Kris Canekeratne steps awayAs Virtusa CEO, Santosh Thomas will help the American IT services firm drive growth in key markets and continue to be recognised as employe...
- Virtusa banking on financial services to beat rivalsCognizant, TCS and Infosys have all said demand from banking and financial services (BFSI) customers has slowed, hampering overall growth.
- VirtusaPolaris launch new brand identityPolaris competes with Indian offshore players and is predominantly a banking and financial services-focused software services company.
- VirtusaPolaris, WorkFusion tie-up to deliver robotic automation to banking and financial sectorsThis partnership will deliver new smart automation solutions for the BFS market, which is the key area where VirtusaPolaris operates.
- Hitachi and Virtusa Corporation enter into partnershipJapan-based Hitachi and IT firm Virtusa Corporation have entered into a partnership to provide joint services to their global clients and t...
- Virtusa rejigs Polaris board post acquisitionThe company announced resignation of members who were a part of Polaris board. Virtusa CEO Krishan Aruna Canekeratne has been appointed to ...
- Virtusa reconstitutes Polaris board post acquisitionHaving completed the acquisition of a majority stake in Polaris Consulting & Services, Virtusa has announced a change in the composition of...
- Virtusa to launch Rs 590-crore open offer for Polaris from March 11Virtusa, which has acquired a majority stake in Polaris Consulting & Services, will make an open offer of Rs 590 crore to acquire additiona...
- Virtusa gets CCI nod to acquire 53% stake in PolarisThe combination is expected to help Virtusa provide end-to-end global banking and financial services and pursue larger consulting and outso...
- Virtusa to introduce gamified engineer management system at PolarisRevenue synergies are also part of the reason Virtusa is confident that it will grow above industry growth rates level despite its now much...
- With Polaris, Virtusa can pursue larger, deeper engagements: Kris Canekeratne, Virtusa CEOKris Canekeratne said that together they are a fairly large and formidable player in financial services, with BFS revenues north of $470 mi...
- US-based Virtusa to buy 53% stake in Polaris Consulting for Rs 1,173 croreUS-based Virtusa today agreed to buy majority 53 per cent stake in Chennai-based Polaris Consulting and Services for about Rs 1,173 crore.
- Virtusa Corp in final negotiations to buy Polaris Consulting for Rs 1,904 croreVirtusa, cofounded by Sri Lankan entrepreneurs Kris and Tushara Canekeratne, is believed to have valued Polaris at close to $350 million.
- Virtusa Corporation eyes Polaris Consulting in a $350 million dealVirtusa's M&A talks with Polaris are seen as a move to strengthen its offerings and get access to new clients in banking and financial serv...
- Virtusa sees agile tech driving future businessGlobal IT services and consulting company Virtusa foresees clients across the world irrespective of their size of operations opting for sof...
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