Virtusa signs MoU with Andhra Pradesh

By siliconindia staff writer   |   Thursday, 23 December 2004, 08:00 Hrs
Printer Print Email Email
HYDERABAD: Virtusa Corporation, a global software development and IT services firm, today announced that it has signed a memorandum of understanding with the Andhra Pradesh government to acquire land to set up a campus in the outskirts of Hyderabad.

The campus, which would house an advanced technology center for Virtusa, would be developed on approximately seven acres of land on the city outskirts in Hitech City. Virtusa intends to commence construction in 2005.

Elaborating on the plans, CEO Kris Canekeratne said: "The decision to set up Virtusa's first campus in Hyderabad reinforces our commitment to the city. India has always played a major role in Virtusa's growth plans. The new campus will include state-of-the-art offices, cafeteria, gymnasium and other modern facilities for employees. It will be similar to Virtusa's existing global centers, offering the best-in-class technologists and engineers comfortable and state-of-the-art working environment needed for optimum performance."

GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..