Bangalore, India” June 28, 2025 / Prnewswire/ -Talimetrik, a Pure-Play AI, Data and Digital Engineering Solutions company, today announced the signing of a definitive agreement to acquire SLK software (“SLK”), a worldwide technology services aimed at supplying AI, intelligence solutions. The acquisition will further reinforce the end-to-end-enablement services of Altimetrik and expand its customer reach, with a clear path to accelerate to the goal of Altimetrik to achieve $ 1 billion In annual income. The transaction remains subject to the usual closing conditions and is expected to close in the second half of 2025. Financial details were not announced.
SLK, founded in 2000, is recognized as a leader in the technical industry and for his dedication to create innovative digital solutions. This strategic acquisition will significantly improve the size of Altimetrik’s possibilities, so that the AI-first, Platform-Native Engineering model from Plattier and SLK’s Full Technology Services Stack that will further speed up Enterprise platforms for its customers.
Altimetrik is one of the most developed providers of digital services with advanced data and digital engineering options, a bite -sized approach that creates high ROI client results and an exceptional track record of data and AI LED implementations. Altimetrik will also make use of the deep customer relationships of SLK, worldwide operational footprint and complementary leadership talent to further deliver value creation guided by innovation.
“In today’s world, AI, and especially generative AI and Machine Learning, is the engine that stimulates the real business value,” said Raj Sundaresan, CEO of Altimetrik. “To set up an AI-first company a robust data cloud infrastructure based on product and platform technique Rigor is crucial. Our investment in SLK reflects our intention to deepen our dedication to customers looking for digital, ai-driven solutions that are an irrevocable value creation and that business creal crealization are an impossible value creementation the SLK family. “
“This is not traditional integration. It is a strategic gear,” said Parth AminFounder and chairman of SLK software. “In Altimetrik we have found a partner who shares our values of customer intimacy, human plant and a passion for innovation and agility. Together we will unlock larger opportunities for our customers and at the same time retain the speed and responsiveness for which they trust us.”
When closing the transaction, the combined entity will serve a global customer base of more than 150 companies with Fortune 500 companies and some of the most innovative technical companies. It will also make a cooperation network possible with pioneers with era definances such as OpenAi, Amazon Web Services, Snowflake and Databricks. Together, the company will employ more than 10,000 professionals around the world to support customers who are on their digital transformation trip and are looking for innovative solutions to modernize Legacy systems by using data and AI, while the world class, compliance and platform protection ensures. This includes organizations in various industries, from financial services and payments to pharmaceutical and lifesciences to technology and production.
“Altimetrik and SLK are coming together a strategic leap for the industry,” said Puneet BhatiaCo-Beheering Partner and Land Head, India from TPG Capital Asia and board member at Altimetrik. “This combination creates an AI-first digital engineering platform with the scale, leadership and implementation muscle to deliver meaningful results in different industries. With TPG’s TrackRecord and experience in supporting business stitch companies, we are proud to support this next phase of growth and value creation.”
“This acquisition underlines TPG’s investment thesis in technology services, which is indexed on supporting strategic technology suppliers that lead the data and AI transformation trip for customers, with differentiated business, price and delivery models,” said Vivek MohanBusiness Unit partner at TPG Capital Asia and board member at Altimetrik.
Emphasizing the width and depth of the combined business, Raj Vattikuti, board member and founder of Altimetrik Said: “In addition to combining capacities, bringing the two companies together about scaling up what we do best: solve real business problems with precision and speed. With SLK we are expanding our ability to bring the context of industry, simplify the complexity and deliver AI-Native transformation.”
Ajay KumarCEO of SLK software Added: “The customer-first approach of SLK has led to the construction of offers driven by AI to deliver excellent results for our customers. If a combined entity, SLK and Altimetrik are now set to unlock exceptional value and to stimulate measurable impact on a scale for our customers.”
Avendus Capital acted as the exclusive financial adviser to SLK software. EY acted as the exclusive financial adviser of Altimetrik and TPG.
About Altimetrik
Altimetrik is a pure-play AI, data and digital business services company. We focus on delivering business results with an incremental, product -oriented approach. Our industry-first, proven digital business methodology offers a blueprint for developing, scaling and launching new products to get on the market faster. Our team of 6000+ practitioners with software, data and cloud skills builds an agile engineering culture of cooperation and innovation that modernizes technology and builds new business models in bite-sized steps. As a strategic partner and catalyst, Altimetrik quickly yields results without disturbance. Recognized as an important competition in the BFSI IT service specialists from Everest Group Peak Matrix® Assessment 2025 and a product publisher in ISG Provider Lens ™ 2024 for advanced analyzes and AI services, altimetrik continues to show the way in providing advanced digital transformation. Read more at altimetrik.com.
About SLK software
SLK Software is a global technology provider aimed at bringing AI, intelligent automation and analyzes together to create leading technological solutions for our customers through a partnership culture with them, led by an evolutionary mentality. Since 25 years we have helped organizations in various industries – insurance providers, financial service providers, companies and manufacturers of investment management – to reset their business and to resolve their current and future needs. Certified as a great place to work®, we encourage an approach to constructively challenge the status quo in everything we do to make peak business performance for our customers and for ourselves, through disruptive technologies, applied innovation and targeted automation. Discover how we help leading organizations to think again http://www.slksoftware.com.
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