Two Virtusa Corp. subsidiaries based in India on March 16 completed the acquisition of eTouch Systems (India) Pvt. Ltd.
As a result, Virtusa closed its deal for the parent company, eTouch Systems Corp.
On March 12, Virtusa paid $66.0 million to the equityholders of eTouch Systems, and on March 14, paid $14.0 million to the equityholders of eTouch Systems (India), which comprise the first of three tranches of the purchase price to be paid in connection with the closing of the acquisition.
