Bengaluru: In a landmark deal that marks a major consolidation in the AI and digital engineering space, Altimetrik announced it has signed a definitive agreement to acquire SLK Software, a global technology services provider renowned for its expertise in AI, intelligent automation, and analytics.
This strategic acquisition is poised to significantly strengthen Altimetrik’s platform-native, AI-first service capabilities while expanding its global client base and accelerating its trajectory toward achieving $1 billion in annual revenue.
The deal is subject to customary closing conditions and is expected to conclude in the second half of 2025. Financial terms of the transaction were not disclosed.
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SLK Software: Full-Stack Technology Capabilities
Founded in 2000, SLK Software has built a strong reputation for delivering innovative digital solutions and end-to-end transformation services to enterprises across sectors.
By integrating SLK’s full-stack technology capabilities with Altimetrik’s cutting-edge AI, data, and cloud engineering strengths, the combined entity is expected to deliver faster, smarter, and more scalable transformation for enterprises worldwide.
“This acquisition deepens our commitment to building an AI-first business ecosystem,” said Raj Sundaresan, CEO of Altimetrik.
“Our investment in SLK aligns perfectly with the growing enterprise demand for AI-driven, high-impact solutions that deliver measurable value. Together, we will offer clients unmatched speed, agility, and innovation.”
Parth Amin, Founder and Chairman of SLK Software, emphasized that the integration is more of a strategic acceleration than a merger. “Both companies share a deep commitment to customer-centric innovation and agility. This partnership will unleash greater capabilities for our clients while maintaining the responsiveness they’ve come to expect.”
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Post-acquisition, the combined organization will serve over 150 clients, including Fortune 500 companies, across Financial Services, Payments, Pharma, Technology, and Manufacturing sectors.
The joint workforce of 10,000+ professionals will deliver AI-native transformation solutions backed by a robust partnership ecosystem with OpenAI, AWS, Snowflake, and Databricks.
TPG Capital Asia, a key investor in Altimetrik, backed the acquisition and underscored the strategic importance of this combination.
“Altimetrik and SLK joining forces creates a powerful AI-first digital engineering platform ready to drive enterprise-wide transformation across industries,” said Puneet Bhatia, Co-Managing Partner, TPG Capital Asia.
The deal was facilitated by Avendus Capital as exclusive financial advisor to SLK Software and EY as exclusive advisor to Altimetrik and TPG.
