Virtusa Corp.

Business consulting and technology outsourcing company Virtusa of Westborough saw a double-digit increase in revenue in its first quarter of the year and raised its revenue forecast through the end of the year, also announcing the acquisition of an Atlanta-based technology consultancy.

Business consulting and technology outsourcing company Virtusa of Westborough capped off another year of healthy revenue and profit gains, finishing its 2015 fiscal year with increases of more than 20 percent in both key financial measures.

Business consulting and technology outsourcing company Virtusa Corp. of Westborough has acquired all the outstanding shares of Apparatus Inc. for $34.2 million cash. The Indianapolis-based company provides end-to-end IT infrastructure services.

Business consulting and technology outsourcing company Virtusa Corp. of Westborough reported another three months of double-digit percentage gains in revenue and net income for the third quarter of its 2015 fiscal year.

Business consulting and technology outsourcing company Virtusa of Westborough on Tuesday reported double-digit percentage gains in revenue and net income for the first quarter of its 2015 fiscal year.

Virtusa Corp. of Westborough reported revenue growth of 24 percent in its most recent quarter, but fell slightly short of analysts' estimate for both profit and sales.

A majority of public companies based in Central Massachusetts have been stockpiling cash over the past three years, as improved economic fortunes have not triggered more spending.

Underwriters of Westborough-based Virtusa Corp. have exercised their option to purchase an additional 345,000 shares of company stock.

Virtusa Corp. of Westborough has bought a Swedish consulting and IT service provider in a deal that could wind up being worth $24 million.

Virtusa Corp. of Westborough reported revenue growth of 17 percent in its most recent quarter, but fell short of analysts' estimates for both profit and revenue.