A Strategic Leap in AI-First Engineering
Altimetrik, a leader in digital and data engineering, has signed an agreement to acquire SLK Software, a global tech services firm.
This move aims to create a powerful AI-first engineering services platform that accelerates enterprise modernization across industries.
Although the transaction remains subject to closing conditions, it is expected to complete in the second half of 2025.
Founded in 2000, SLK Software is well-known for its AI, automation, and analytics expertise across financial and enterprise services.
Altimetrik’s acquisition of SLK strengthens its mission to reach $1 billion in annual revenue by expanding scale and capability.
What the Acquisition Means
By combining SLK’s full technology services stack with Altimetrik’s AI-first approach, the merged entity brings unmatched engineering depth to the market.
Altimetrik has always delivered high-ROI outcomes by focusing on bite-sized, scalable deployments in AI, data, and platform engineering.
This acquisition enables both companies to offer end-to-end AI-first engineering services, speeding up digital transformation for clients.
Furthermore, Altimetrik will gain from SLK’s strong customer base, deep relationships, and global delivery model across multiple time zones.
Leadership Weighs In
Raj Sundaresan, CEO of Altimetrik, said, “AI and GenAI are redefining how businesses create value—smart engineering drives true business impact.”
He emphasized the need for robust data cloud infrastructure and platform-native solutions to unlock the full power of AI innovation.
Sundaresan noted that SLK’s addition reflects Altimetrik’s continued investment in AI-first engineering that delivers real outcomes for customers.
A Unique Integration Strategy
Parth Amin, SLK’s Founder and Chairman, called this “a strategic acceleration, not a traditional integration,” underscoring the shared values and synergies.
He believes this merger preserves the speed, agility, and intimacy that SLK clients rely on, while enhancing capability and scale.
According to both leaders, this collaboration goes beyond synergy—it represents a new model of AI-native transformation in engineering services.
A Global AI-First Powerhouse
Once the deal closes, the combined entity will serve over 150 global clients, including Fortune 500 firms and disruptive tech innovators.
Clients span multiple industries—Financial Services, Pharma, Lifesciences, Technology, and Manufacturing—where legacy transformation and innovation are top priorities.
Importantly, the firm will boast a team of over 10,000 professionals, dedicated to delivering secure, compliant, and scalable digital solutions.
It also builds on existing partnerships with tech leaders like OpenAI, AWS, Snowflake, and Databricks, unlocking more value for customers.
Backed by TPG Capital
Puneet Bhatia of TPG Capital Asia, a board member of Altimetrik, called this combination “a strategic leap for the entire industry.”
He noted that Altimetrik now becomes a global AI-first digital engineering platform, equipped to scale outcomes across enterprises.
TPG’s Vivek Mohan added, “We believe in backing enterprise tech firms that deliver AI-first innovation with agile and outcome-based delivery models.”
With TPG’s strategic support, Altimetrik’s next chapter is set to be one of bold growth and category leadership.
Building for the Future
Raj Vattikuti, Founder and Board Member of Altimetrik, said the focus is on solving complex business problems with speed and clarity.
With SLK’s help, Altimetrik can scale AI-first transformation faster, bringing more industry-specific solutions to clients worldwide.
Ajay Kumar, CEO of SLK Software, added, “Together, we can deliver measurable impact at scale using the power of AI.”
The acquisition is supported by advisors—Avendus Capital for SLK, and EY for Altimetrik and TPG—ensuring smooth execution.
Together, the firms mark a new milestone in AI-first engineering, focused on outcomes, innovation, and enterprise-scale value creation.