HYDERABAD: Virtusa Corporation, a global information technology services company, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.
J.P. Morgan Securities Inc. will be sole book-running manager for the offering, with Bear, Stearns & Co. Inc. as the lead manager, and Cowen and Company, LLC and William Blair & Company, L.L.C. serving as co-managers. The number of shares to be offered and the price range for the offering have not yet been determined.
This offering shall be made only by means of a prospectus.
Founded in 1996 and headquartered in Massachusetts, Virtusa has offices in the United States and the United Kingdom, and global delivery centers in India and Sri Lanka.