SLK Software (“SLK”), which specializes in providing AI, intelligence automation, and analytics solutions, has signed a formal agreement to be acquired by Altimetrik. With a clear route to speed towards Altimetrik’s objective of exceeding $1 billion in annual revenue, the purchase will further strengthen the company’s end-to-end enablement services and broaden its customer base.
The deal is anticipated to close in the second half of 2025 and is still subject to standard closing conditions. No financial information was revealed.
SLK was established in 2000 with the goal of developing cutting-edge digital solutions. By combining its entire technology services stack with Altimetrik’s AI-first, platform-native engineering model, this strategic acquisition will greatly expand the company’s capabilities and hasten its customers’ transition to modern enterprise platforms.
With its cutting-edge data and digital engineering capabilities, bite-sized methodology that produces high ROI customers outcomes, and remarkable track record of data and AI-led deployments, Altimetrik is one of the most advanced providers of digital services.
In order to further provide customers with innovation-led value creation, Altimetrik will also take use of SLK’s extensive worldwide operational network, strong customer relationships, and complementary leadership expertise.
After the deal closes, the merged company will provide services to more than 150 organizations worldwide, including Fortune 500 corporations and some of the most cutting-edge software companies.
Additionally, it will facilitate a network of partnerships with game-changing innovators like OpenAI, Amazon Web Services, Snowflake, and Databricks.
In order to support clients who are in the process of undergoing a digital transformation and are seeking creative ways to update legacy systems by utilizing data and artificial intelligence, the company will collectively hire more than 10,000 professionals worldwide, all while guaranteeing top-notch governance, compliance, and platform security.
Companies from a wide range of sectors are included in this, including manufacturing, pharmaceutical and life sciences, financial services and payments, and technology.
Leadership Comments
“In today’s world, AI, and especially Generative AI and Machine Learning, is the engine that is driving true business value,” said Raj Sundaresan, CEO of Altimetrik. “To enable an AI-First business a robust data cloud infrastructure that is grounded in product and platform engineering rigor is crucial. Our investment in SLK reflects our intention to deepen our commitment to customers who are looking for digital, AI-driven solutions that enable business value creation at unparalleled speed and scale. We are incredibly excited and look forward to welcoming SLK Software to the Altimetrik family.”
“This is not a traditional integration. It is a strategic acceleration,” said Parth Amin, Founder & Chairman of SLK Software. “In Altimetrik, we’ve found a partner who shares our values of customer intimacy, people centricity, and a passion for innovation and agility. Together we will unlock greater capabilities for our clients while preserving the speed and responsiveness they trust us for.”
“Altimetrik and SLK coming together is a strategic leap for the industry,” said Puneet Bhatia, Co-Managing Partner and Country Head, India of TPG Capital Asia and Board Member at Altimetrik. “This combination creates an AI-first digital engineering platform with the scale, leadership, and execution muscle to deliver meaningful outcomes across industries. With TPG’s track record and experience in supporting enterprise tech businesses, we are proud to be able to support this next phase of growth and value creation.”
“This acquisition underscores TPG’s investment thesis in technology services, which is indexed on backing strategic technology providers that are leading the data and AI transformation journey for customers, with differentiated business, pricing and delivery models,” said Vivek Mohan, Business Unit Partner at TPG Capital Asia and Board Member at Altimetrik.
Highlighting the breadth and depth of the combined business, Raj Vattikuti, Board Member and Founder of Altimetrik said, “Beyond combining capabilities, bringing together the two businesses is about scaling what we do best: solving real business problems with precision and speed. With SLK, we are expanding our ability to bring industry context, simplify complexity, and deliver AI-native transformation.”
Ajay Kumar, CEO of SLK Software added, “SLK’s customer-first approach has led to building offerings powered by AI to deliver outstanding results for our clients. As a combined entity, the companies are now set to unlock exceptional value and drive measurable impact at scale for our clients.”
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