Searched for
VIRTUSA ACQUISITION
PE-backed digital engineering services firms turn to M&A deals in search for scaleWith a receptive market for IPOs and a significant expansion of the market for digital engineering services—beyond traditional software dev...- India's tech M&As on a three-year high with deal value touching $29 billionThis surge is fueled by companies consolidating to gain scale amidst slowing organic growth. Experts anticipate continued momentum in 2026,...
- 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...
- Plus and minus points of payment banksPayment banks offer enhanced services compared to a digital wallet but are not in the same league as the traditional banks.
- Accolite Digital goes on a hiring spree to scale up in India, North AmericaThe Texas-based company, which has digital laboratories in Bengaluru, Hyderabad, Gurgaon and Chennai, has hired a new chief financial offic...
- Adani Green Energy rises 2% on CCI nod to Total SE arm's acquisitionThe proposed combination is in line with the respective business objectives of Baring Private Equity Asia and the co-investors, a notice fi...
- Cognizant president may steer L&T’s IT services businessMehta will serve as an adviser to Cognizant's new CEO Brian Humphries till May 1, announced earlier as part of his exit plan.
- 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.
- EdGE Networks raises $4.5 million funding led by Kalaari CapitalEdGE Networks plans to use the funds raised to strengthen its core product offerings for workforce optimization and talent acquisition as w...
- After a tough start, we expect to end the year with a considerable margin: Kris Canekeratne, CEO, VirtusaPolarisThe company is focused on two areas. On one side we are investing in digital transformation initiatives to help our clients expand the addr...
- Blackstone emerges as strongest contender to acquire Mphasis from Hewlett Packard EnterpriseBlackstone has emerged the strongest contender to acquire IT services firm Mphasis from Hewlett Packard Enterprise in a deal that could be ...
- 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...
- Asia-Pacific out-bound M&A hits record high of $313 billion in 2015: ReportAsia-Pacific out-bound merger and acquisitions touched a record high of $ 313.4 billion in 2015, and the outlook for this year looks bullis...
- 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...
- 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 to expand in IndiaMassachusetts-based Virtusa Corp, an information-technology services firm with operations in India and Sri Lanka, plans to raise $92 millio...
Load More
