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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Fri., Nov. 27, 6:07 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #35. Virtusa Corporation TradeTech Consulting Scandinavia AB and its subsidiaries

Acquirer: Virtusa Corporation (NASDAQ:VRTU)
Acquiree: TradeTech Consulting Scandinavia AB and its subsidiaries
Details: 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 engaged in providing digital engineering and information technology (IT) outsourcing services. Co. supports Forbes Global 2000 clients across consumer facing industries such as banking, financial services, insurance, healthcare, communications, technology, and media and entertainment. Co. provides services across IT services lifecycle, from consulting, to technology and user experience design, development of IT applications, systems integration, digital engineering, testing and business assurance, and maintenance and support services, including cloud, infrastructure and managed services.

VRTU SEC Filing Email Alerts Service


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Company Name: 
Virtusa Corp
Stock buyback: 
VRTU buyback
Website: 
www.virtusa.com
Sector: 
Information Technology Services
Number of ETFs Holding VRTU: 
43
Total Market Value Held by ETFs: 
$285.61M
Total Market Capitalization: 
$1.51B
% of Market Cap. Held by ETFs: 
18.86%
 

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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
VRTU Stock Forecast

Based on Zacks ABR data;
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