Information-technology company Virtusa, based in Southborough, will be acquired by financial services firm Baring Private Equity Asia in an all-cash purchase of all outstanding shares of common stock valued at $2 billion.
Information technology company Virtusa, based in Southborough, reported a $193,000 loss in its net income for the company's first quarter, according to an earnings report issued Thursday.Â
Southborough information technology company Virtusa Corp. has appointed the former CEO of India-based Wipro, Abidali Neemuchwala, to its board of directors, the company announced on Friday.Â
Virtusa Corp., a Southborough information-technology company, saw a 6.5% rise in revenue in the third quarter to hit $335 million, compared to the third quarter 2019, the firm announced late Thursday.
When Central Massachusetts companies look to fill software, programming or research jobs, they’re increasingly looking to foreign labor under an immigrant work program called H-1B.
Westborough IT services company Virtusa Corp. has partnered with The University of Texas Health Science Center at Houston, Cardinal Health, and Amazon Web Services to use artificial intelligence and machine learning techniques to advance medical research.
Southborough’s global IT service provider Virtusa Corp. saw its stock price fall more than 17% on Friday after the company said reduced spending from a European banking client is impacting its outlook.
Southborough global IT firm Virtusa is facing a $7.4-million loss in its first quarter despite its revenues jumping 32 percent year-over-year and 6.6 percent sequentially.
Virtusa Corp., a Westborough business consulting and information technology company, saw revenue jump by 11 percent in the quarter ending June 30, but income fell by 40 percent.