Altimetrik to Acquire SLK Software for $600 Mn to Accelerate AI-First Strategy
The acquisition is expected to close in the second half of 2025, subject to customary closing conditions.
Altimetrik, a digital engineering and AI solutions company backed by private equity firm TPG Capital, has signed a definitive agreement to acquire Bengaluru-based SLK Software for approximately $600 million (around ₹5,100 crore).
According to reports, the acquisition is expected to close in the second half of 2025, subject to customary closing conditions.
The deal brings together Altimetrik’s AI-first, platform-native engineering model with SLK’s full-service technology stack focused on intelligent automation, analytics, and enterprise digital transformation.
“Completing this acquisition marks a pivotal milestone that is about more than scale; it is about helping businesses grow responsibly in an AI-first world by reshaping how they harness AI to drive real, measurable impact,” said Raj Sundaresan, CEO of Altimetrik, highlighting the deepening commitment to customers seeking AI-driven solutions at scale.
SLK’s Founder & Chairman, Parth Amin, added: “In Altimetrik, we’ve found a partner who shares our values of customer intimacy, people-centricity, and innovation.”
Once integrated, the combined entity will serve over 150 enterprise clients, including several Fortune 500 companies, and employ more than 10,000 professionals globally.
The acquisition supports Altimetrik’s goal of reaching $1 billion in annual revenue, expanding its footprint across markets such as BFSI, automotive, life sciences and manufacturing.
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