Exhibit 2.1 Execution Copy Agreement and Plan of Merger

• Date: 09 September 2020
• Section: Merger Agreements

Exhibit 2.1 EXECUTION COPY AGREEMENT AND PLAN OF MERGER Dated as of

September 9, 2020, Among AUSTIN HOLDCO INC., AUSTIN BIDCO INC., And

VIRTUSA CORPORATION

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TABLE OF CONTENTS

PAGE

ARTICLE I THE MERGER 1 Section 1.01. The Merger 1 Section 1.02. Closing 2

Section 1.03. Effective Time 2 Section 1.04. Effects 2 Section 1.05.

Organizational Documents 2 Section 1.06. Directors and Officers 3

ARTICLE II EFFECT ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS; EXCHANGE

OF CERTIFICATES 3 Section 2.01. Effect on Capital Stock 3 Section 2.02. Exchange

of Certificates 4

ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY 7 Section 3.01.

Organization, Standing and Power 7 Section 3.02. Company Subsidiaries; Equity

Interests 7 Section 3.03. Capital Structure 8 Section 3.04. Authority; Execution

and Delivery; Enforceability 10 Section 3.05. No Conflicts; Consents 11 Section

3.06. SEC Documents; Undisclosed Liabilities 11 Section 3.07. Information

Supplied 13 Section 3.08. Absence of Certain Changes or Events 13 Section 3.09.

Taxes 14 Section 3.10. Company Benefit Plans 17 Section 3.11. Litigation 19

Section 3.12. Compliance with Applicable Laws; Permits 19 Section 3.13. Brokers

and Other Advisors 20 Section 3.14. Opinion of Financial Advisor 20 Section

3.15. Environmental Matters 20 Section 3.16. Material Contracts 21 Section 3.17.

Title to Properties 24 Section 3.18. Intellectual Property 24 Section 3.19.

Labor Matters 28 Section 3.20. Vote Required 29

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TABLE OF CONTENTS (continued) Page Section 3.21. Privacy and Data Security

30 Section 3.22. Relationships with Customers and Distributors 31 Section 3.23.

Affiliate Transactions; Insider Interests 31 Section 3.24. Certain Business

Practices 31 Section 3.25. Insurance 32 Section 3.26. Disclaimer of Other

Representations and Warranties 33

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND SUB 33 Section 4.01.

Organization, Standing and Power 33 Section 4.02. Interim Operations of Sub 33

Section 4.03. Authority; Execution and Delivery; Enforceability 34 Section 4.04.

No Conflicts; Consents 34 Section 4.05. Information Supplied 34 Section 4.06.

Brokers 35 Section 4.07. Financing 35 Section 4.08. Limited Guarantees 36

Section 4.09. Solvency 36 Section 4.10. Disclaimer of Other Representations and

Warranties 37 Section 4.11. Anti-Money Laundering Laws 38 Section 4.12. Not an

Interested Stockholder 38 Section 4.13. Absence of Certain Agreements 38 Section

4.14. Stockholder, Labor and Employee Matters 38

ARTICLE V COVENANTS RELATING TO CONDUCT OF BUSINESS 39 Section 5.01. Conduct of

Business 39 Section 5.02. No Solicitation 44

ARTICLE VI ADDITIONAL AGREEMENTS 48 Section 6.01. Preparation of the Proxy

Statement; Stockholders Meeting 48 Section 6.02. Access to Information;

Confidentiality 49 Section 6.03. Reasonable Best Efforts; Notification 50

Section 6.04. Employee Matters; Benefit Plans 52 Section 6.05. Company Stock

Awards 53 Section 6.06. Takeover Laws 55 Section 6.07. Indemnification and

Insurance 56

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TABLE OF CONTENTS (continued) Page Section 6.08. Fees and Expenses 58

Section 6.09. Public Announcements 58 Section 6.10. Transaction Litigation 59

Section 6.11. Financing 59 Section 6.12. Stock Exchange Delisting and

Deregistration 62 Section 6.13. Resignation of Directors 63 Section 6.14.

Transfer Restrictions 63 Section 6.15. Company Series A Preferred Stock 63

Section 6.16. Payoff Letter 63 Section 6.17. Section 16 Matters 63

ARTICLE VII CONDITIONS PRECEDENT 63 Section 7.01. Conditions to Each Party’s

Obligation To Effect The Merger 63 Section 7.02. Conditions to Obligations of

Parent and Sub 64 Section 7.03. Conditions to Obligation of the Company 65

ARTICLE VIII TERMINATION, AMENDMENT AND WAIVER 65 Section 8.01. Termination 65

Section 8.02. Effect of Termination 67 Section 8.03. Amendment 70 Section 8.04.

Extension; Waiver 70 Section 8.05. Procedure for Termination, Amendment,

Extension or Waiver 71

ARTICLE IX GENERAL PROVISIONS 71 Section 9.01. Nonsurvival of Representations

and Warranties 71 Section 9.02. Notices 71 Section 9.03. Definitions 72 Section

9.04. Interpretation; Disclosure Letters 81 Section 9.05. Severability 81

Section 9.06. Counterparts 82 Section 9.07. Entire Agreement; No Third-Party

Beneficiaries; No Recourse 82 Section 9.08. Governing Law 83 Section 9.09.

Assignment 83 Section 9.10. Enforcement 83 Section 9.11. Debt Financing Matters

85 EXHIBIT A -- CERTIFICATE OF INCORPORATION OF THE SURVIVING CORPORATION

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INDEX OF DEFINED TERMS Terms Section Action Section 3.11 Acquisition

Agreement Section 5.02(b) Acquisition Proposal Section 5.02(e) Adverse

Recommendation Change Section 5.02(b) Affiliate or affiliate Section 9.03

Agreement Preamble Alternative Financing Section 6.11(d) Anticorruption Laws

Section 3.24(a) Antitrust Laws Section 6.03(e) Applicable Percentage Section

6.05(d) Appraisal Shares Section 2.01(d) Assumed Company Stock Award Section

6.05(d) Bankruptcy and Equity Exception Section 3.04 business day Section 9.03

Cause Section 6.05(d) Certificate Section 2.01(c)(ii) Certificate of Merger

Section 1.03 CFIUS Section 9.03 CFIUS Approval Section 9.03 CFIUS Filing

Section 6.03(b) Closing Section 1.02 Closing Company Stock Award Section

6.05(d) Closing Date Section 1.02 Code Section 2.02(h) Collection Costs

Section 8.02(e) Commitment Letters Section 4.07 Company Preamble Company

Benefit Plan Section 3.10(a) Company Board Section 3.04(b) Company Board

Recommendation Section 3.04(b) Company Bylaws Section 3.01 Company Capital

Stock Section 3.03 Company Charter Section 3.01 Company Common Stock Recitals

Company Disclosure Letter Article III Company Five-Year PSU Awards Section

3.03(b) Company Intellectual Property Section 3.18 Company Licensed

Registrations Section 3.18(a) Company Material Adverse Effect Section 9.03

Company Owned IP Section 5.01(a)(xi) Company Owned Registrations Section

3.18(a) Company Preferred Stock Section 3.03 Company PRSU Awards Section

3.03(b) Company Registrations Section 3.18(a) Company Related Parties Section

8.02(f)

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