Altimetrik, a company specializing in AI, data, and digital engineering, has announced the acquisition of SLK Software, a global technology services firm focused on AI, intelligent automation, and analytics. This acquisition is set to strengthen Altimetrik’s service offerings and broaden its customer base as part of its mission to achieve $1 billion in annual revenue. The deal, which is still pending customary closing conditions, is expected to finalize in the second half of 2025. Financial terms were not disclosed.
Founded in 2000, SLK Software is a well-established player in the tech industry known for its innovative digital solutions. The acquisition will enhance Altimetrik’s capabilities, merging its AI-first engineering approach with SLK’s broad technology services portfolio, thereby accelerating the modernization of enterprise platforms for their clients.
Altimetrik, with its advanced data and digital engineering expertise, is already recognized for its high ROI outcomes and AI-led deployments. By acquiring SLK, the company gains access to SLK’s strong customer relationships, global presence, and complementary leadership talent, positioning it for continued innovation and customer value creation.
Raj Sundaresan, CEO of Altimetrik, commented, “AI, especially Generative AI and Machine Learning, is now the driving force behind real business transformation. A robust data cloud infrastructure, built on solid platform engineering, is key to enabling AI-first businesses. Our acquisition of SLK demonstrates our commitment to providing our customers with digital, AI-driven solutions that deliver exceptional business value.”
Parth Amin, Founder & Chairman of SLK Software, shared his enthusiasm for the partnership, saying, “This is not a typical integration, it’s a strategic acceleration. Altimetrik shares our values of customer focus, people-first culture, and passion for innovation. Together, we’ll unlock greater capabilities for our clients while maintaining the agility and speed they expect from us.”
Once the deal closes, the combined company will serve over 150 global clients, including Fortune 500 firms and leading tech companies. The expanded team will also partner with industry innovators such as OpenAI, AWS, Snowflake, and Databricks, providing customers with cutting-edge data and AI solutions.
The acquisition also allows Altimetrik and SLK to tap into the rapidly growing digital transformation needs across industries such as Financial Services, Pharma, Technology, and Manufacturing. As the demand for AI-powered innovation grows, the combined company will help organizations modernize legacy systems and achieve enhanced governance and security.
Puneet Bhatia, Co-Managing Partner at TPG Capital Asia, emphasized, “This merger creates a unique AI-first platform capable of delivering impactful outcomes across industries. We are excited to support this next phase of growth.”
Raj Vattikuti, Board Member of Altimetrik, highlighted the strategic significance of the merger, noting, “This is about scaling our core strength—solving business challenges with precision and speed. With SLK, we are enhancing our ability to deliver AI-native transformation that simplifies complexity and accelerates value creation.”
Ajay Kumar, CEO of SLK Software, added, “SLK’s customer-first approach, powered by AI, has delivered exceptional results for our clients. Together with Altimetrik, we are poised to unlock even greater value at scale for our customers.”
Altimetrik is a leader in AI, data, and digital business services, offering innovative, product-oriented solutions for digital transformation. With over 6,000 professionals, Altimetrik is known for delivering fast, agile results in technology modernization and business model innovation.
SLK Software has been delivering intelligent automation and AI solutions for over 25 years, partnering with industries such as insurance, financial services, and manufacturing. The company’s focus on disruptive technologies and purposeful automation has helped numerous clients drive peak business performance.
