Virtusa Corporation is an American-based global product and platform engineering services company that provides digital engineering and technology services for companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. Virtusa's capabilities span across strategy, design, and engineering, with expertise in artificial intelligence, cloud computing, data analytics, digital engineering, intelligent automation, and other technology services. Virtusa operates in more than 30 countries with over 60 delivery locations around the globe.
Virtusa was co-founded in 1996 by Kris Canekeratne and served as the company’s chairman until his departure in 2021.[5][4] He served as CEO from 1996-1997 and again from 2000-2021. Canekeratne stepped down as CEO in May 2021, and his seat as chairman of the board was filled by Sander van‘t Noordende.[5]
In November 2009, Virtusa acquired Insource for $7.3 million. Insource is a technology consulting company which specialized in the insurance and healthcare industries.[7]
In 2010, Virtusa acquired ConVista Consulting, LLC,[8] a US-based, privately held market leader in finance transformation, specifically focusing on high volume collection, disbursement, claims and billing systems in BFSI.
In 2011, Virtusa acquired ALaS Consulting LLC,[9] a financial services consulting firm.
In November 2013, Virtusa acquired OSB Consulting LLC, a New Jersey–based consulting firm specializing in the financial services and insurance domains, including SAP finance capabilities.[10]
In January 2014, Virtusa acquired TradeTech Consulting Scandinavia AB and its subsidiaries. TradeTech, headquartered in Stockholm, Sweden, is a consulting and IT services provider specializing in treasury and asset management for major financial institutions in the Nordic countries.[11]
In April 2015, Virtusa acquired Apparatus, Inc., an IT infrastructure services provider headquartered in Indianapolis, Indiana, US.[12] In November of that same year, Virtusa acquired a 53% stake in Polaris Consulting & Services Limited, India,[13] a provider of IT solutions primarily to banking and financial services.
On 12 March 2018, Virtusa Corporation acquired eTouch Systems Corp. and eTouch Systems Pvt. Ltd.[14]
In September 2023, Virtusa acquired the Walnut Creek–headquartered creative agency, Factor Creative for an undisclosed amount.[15]
In February 2024, Virtusa acquired BRIGHT, a Bulgaria-based IT services firm.[16] In April of the same year, Virtusa acquired ITMAGINATION, a Warsaw, Poland-based technology company.[17]
In May 2025, Virtusa acquired Mav3rick[18] - an Australian-owned and operated strategic Salesforce and MuleSoft advisory and implementation partner. In July of the same year, Virtusa acquired Sincera, a specialized software development and digital transformation company with deep telecommunications expertise.[19]
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US$ 1.8 Billion (2023)