Virtusa Corporation is an American-based global information technology 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 range across digital transformation, artificial intelligence, cloud computing, robotics, data analytics, and other technology consulting services to customers in 25+ countries in 50+ locations around the globe.
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| Company type | Private[1] |
|---|---|
| Industry | Information technology services |
| Founded | 1996; 28 years ago (1996) |
| Founders | Kris Canekeratne Tushara Canekeratne John Gillis Sandy Gillis |
| Headquarters |
,
United States
|
Area served | Worldwide |
Key people | Santosh Thomas (CEO) |
| Services | Digital engineering, IT consulting, business consulting, application development, product development, legacy asset management |
| Revenue |  US$ 1.8 Billion (2023) |
| US$ 72 million (2023) | |
| Total assets | US$ 1.337 billion (2020)[2] |
| Total equity | US$ 397 million (2020)[2] |
Number of employees | 35,000 (2023)[2] |
| Parent | BPEA[2] |
| Website | www |
| Footnotes / references [2] | |
Virtusa is headquartered in Southborough, Massachusetts, with several delivery centers in India and Sri Lanka with the ones in Hyderabad, Chennai and Colombo being the largest. In February 2021, Baring Private Equity Asia acquired the company for US$2 billion.[3]
Virtusa was co-founded in 1996 by Kris Canekeratne and served as the company’s chairman until his departure in 2021. 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.[4]
On 29 March 2018, Virtusa had around 20,000 employees.[13]
With offices throughout US, Europe and Asia, and advanced development centers in the United States, Europe and Asia.[14]
Some of its key competitors in the offshore IT services industry include Infosys, Wipro, Cognizant, Tech Mahindra, Mphasis, HCL and Tata Consultancy Services.