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Slide #35. Virtusa Corporation — TradeTech Consulting Scandinavia AB and its subsidiaries
Virtusa Corporation (NASDAQ:VRTU)
TradeTech Consulting Scandinavia AB and its subsidiaries
Virtusa Corporation (NASDAQ GS: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has acquired all the outstanding shares of TradeTech Consulting Scandinavia AB and its subsidiaries ("TradeTech"), headquartered in Stockholm, Sweden. TradeTech is a leading consulting and IT services provider specializing in treasury and asset management for major financial institutions and multi-national corporations, primarily in the Nordic countries.
Virtusa is a provider of digital engineering and information technology (IT) outsourcing services. Co.'s services include: Business and IT consulting services, which provide business and IT consulting services to assist its clients in managing their business and IT environments, and aligning their IT investments; Technology implementation services, which involve building, testing, deploying, maintaining and supporting IT applications, and consolidating and rationalizing its clients' existing IT applications and environments into platforms; and Application outsourcing services, which provide support for its clients' needs to manage and maintain their software applications and platforms.
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Buy (3.17 out of 4)
(ranked lower than approx. 53% of all stocks covered)
Based on Zacks ABR data;
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