Virtusa has acquired InSource, a privately-held US technology consulting firm with domain expertise in the insurance and healthcare industries. Under the terms of the agreement, InSource will become a wholly owned subsidiary of Virtusa. InSource employs approximately 50 practitioners specialising in program management and IT strategy.

Kris Canekeratne, Virtusa’s Chairman and CEO commented: “We are pleased to welcome the InSource team to Virtusa. Since the beginning of 2009, we have partnered with InSource to deliver comprehensive business solutions that combined their IT strategy and program management expertise with our technology capabilities and global delivery model. We have seen firsthand the benefits of the combination and are confident in our ability to take our expanded value proposition to existing and future clients in the insurance and healthcare industries.”