Virtusa

Virtusa Corporation, founded in 1996 by Kris Canekeratne, is a leading global provider of IT services and digital engineering solutions. Headquartered in Southborough, Massachusetts, Virtusa has grown to employ approximately 23,000 professionals across more than 25 countries. The company was established with a vision to help enterprises navigate complex digital challenges and accelerate business transformation. Over the years, Virtusa has built a reputation for its 'Engineering First' approach, blending deep industry expertise with agile, empowered teams to deliver holistic solutions at scale and speed. The company went public in 2007 and expanded its capabilities through strategic acquisitions, including ConVista Consulting and OSB Consulting, strengthening its presence in finance and insurance domains. In 2021, Virtusa was acquired by Baring Private Equity Asia for $2 billion, marking a new chapter in its growth. The leadership transition saw Santosh Thomas take over as CEO, following the departure of founder Kris Canekeratne. Virtusa's business model focuses on consulting, application outsourcing, and digital transformation services, with a significant client base in North America and Europe. Its differentiators include a strong partner ecosystem, a commitment to innovation, and a high Net Promoter Score in the industry. The company is recognized for its culture, technical excellence, and ability to deliver complex solutions for blue-chip clients. Recent developments include continued expansion under private equity ownership and a focus on next-generation digital engineering services.[1][2][3][4]