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Did virtusa buy Polaris?

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Did virtusa buy Polaris?

Virtusa Corp of US buys 53\% stake in Polaris for ₹1,173 cr Virtusa Corporation of the US will acquire 53 per cent of Polaris Consulting and Services from promoter entities led by Arun Jain and other shareholders, including Orbitech. It will pay a consideration of ₹220.73 per share, aggregating to around ₹1,173 crore.

Who is buying virtusa?

Baring Private Equity Asia
–(BUSINESS WIRE)–Baring Private Equity Asia and its affiliated funds (“BPEA”) today announced that BPEA has successfully completed the acquisition and privatization of Virtusa Corporation (NASDAQ GS:VRTU) (“Virtusa” or the “Company”), a global provider of digital strategy, digital engineering, and IT services and …

Is virtusa a Tier 1 company?

Virtusa – Do not join at tier 1 | Glassdoor.

Did virtusa go private?

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Baring Private Equity Asia and its affiliated funds (“BPEA”) today announced that BPEA has successfully completed the acquisition and privatization of Virtusa Corporation (NASDAQ GS:VRTU) (“Virtusa” or the “Company”), a global provider of digital strategy, digital engineering, and IT services and solutions that help …

Which company bought Hexaware?

Carlyle
Carlyle to acquire 95.4\% stake in Hexaware Tech – The Hindu BusinessLine.

Is Virtusa about to buy Polaris Consulting and services?

Virtusa is discussing a potential acquisition of Polaris Consulting and Services for a 350 million deal. Polaris is yet to decide for the deal. Virtusa purchased major stake in Polaris sometime 2 years back.

Who is the new CEO of Virtusa?

Jitin Goyal, CEO of Polaris, named President, Banking and Financial Services (“BFS”) of Virtusa and Polaris. Raj Rajgopal, President of Virtusa, named President, Enterprise Technology & Solutions (“ETS”) of Virtusa and Polaris.

What is the mandatory open offer for Polaris shares?

Virtusa to commence a mandatory open offer to purchase up to an additional 26\% of the outstanding shares of Polaris beginning on March 11, 2016.

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Who are the Polaris Consulting & Services?

Polaris Consulting & Services Ltd. is a leader in solutions and services that enable operational productivity for the global financial services industry.