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Why Acquisitions Are Central to Virtusa’s $5 Billion Growth Plan

January 28, 2026
Publisher: Daily FT

In an interaction with Daily FT Tech Factor, Virtusa’s CEO Nitesh Banga emphasized that, how Virtusa’s leadership reflected on the company’s evolution, global ambitions, and the pivotal role Sri Lanka continues to play in shaping its future. As Virtusa’s first offshore delivery center, Sri Lanka is deeply embedded in the company’s DNA and remains a strategic anchor in its global delivery network. Over the years, the country has consistently demonstrated engineering excellence, deep domain capability, and a global mindset, contributing to marquee client engagements and platform innovation.

Virtusa’s ambition to become a $5 billion enterprise represents more than scale-it signals the company’s intent to redefine itself as a domain-driven engineering partner for the AI enterprise. This vision combines deep industry expertise, advanced AI capabilities, and global delivery excellence to create sustainable, differentiated value for clients in the AI era.

The journey toward this milestone follows a balanced growth model, where organic growth, AI-led innovation, offshore delivery strength, and strategic acquisitions work in tandem. Organic growth is driven by deeper client relationships and AI-powered industry solutions, while acquisitions accelerate expansion across industries, geographies, and service lines.

Acquisitions play a strategic role in this plan. Virtusa approaches them as a lever for capability and market expansion, ensuring each strengthens domain depth, extends the technology stack, or accelerates entry into high-growth markets. Recent acquisitions such as Valentia Partners, Maverick, and SmartSoC have added regulatory advisory expertise, enhanced cloud and Salesforce capabilities, and introduced semiconductor and silicon engineering depth-capabilities increasingly vital for AI-driven transformation.

With SmartSoC, Virtusa now delivers a chip-to-network-cloud-app lifecycle, engaging clients across the full digital value chain. This end-to-end capability reduces time-to-market, optimizes performance, and designs future-ready systems as AI models and infrastructure grow more complex.

AI is central to Virtusa’s strategy, acting as a multiplier across client solutions and internal operations. Through its Virtusa Helio suite, AI is embedded into core processes to ensure responsible adoption and measurable outcomes.

People remain at the heart of this transformation. Virtusa invests in upskilling and cross-skilling through initiatives such as the Virtusa Thrive Academy, particularly in Sri Lanka, which is evolving into a hub for innovation, leadership development, and platform engineering. These capabilities will continue to shape Virtusa’s global identity as it scales for the future.

 

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