Altimetrik Completes Acquisition of SLK Software: A New Era in Digital Engineering
Altimetrik has recently announced the successful acquisition of SLK Software, a significant step in its ambitions to establish a premier digital engineering powerhouse. Following this acquisition, SLK Software will now be known as “SLK, an Altimetrik company.”
Strategic Integration for Enhanced Capabilities
This merger is more than a simple name change; it represents a unification of Altimetrik’s innovative, AI-first and data-driven methodologies with SLK’s proven strengths in Intelligent Enterprise, Digital Operations, Intelligent Infrastructure, Automation, and Quality Engineering. Together, they cover the full spectrum of digital enablement, which encompasses everything from strategy and design to engineering and managed services.
The integrated organization thrives on a Practitioner-Led approach, blending extensive domain expertise with contemporary platforms and modern digital operating models. This amalgamation is designed to deliver focused, actionable results that shorten the time it takes to realize value for clients.
Leadership’s Vision
Raj Sundaresan, CEO of Altimetrik, expressed his enthusiasm for this collaboration: “I am thrilled to officially welcome the SLK team to Altimetrik. This merger combines two purpose-driven organizations that prioritize innovation and are dedicated to empowering our customers to take the lead in an intelligent business landscape.” He emphasized that this milestone is significant not just for growth, but for guiding businesses to thrive responsibly in an evolving AI-centric world.
A Global Force in Technology
The newly formed entity now boasts over 10,000 professionals spanning more than 17 countries and operates over 20 engineering centers. They jointly cater to over 150 enterprise clients, including leaders from Fortune 500 companies. This extensive portfolio allows the combined organization to provide an entire continuum of AI-led services, covering areas like data engineering, intelligent operations, and automation—helping enterprises transition from mere experimentation to ongoing value creation.
Transformative Potential
Puneet Bhatia, Partner and Executive Chairman at TPG Capital Asia, shared insights on the strategic potential this integration represents. “Altimetrik and SLK joining forces marks a new era for enterprise technology. The unique strengths of both companies position them to drive enterprise modernization and deliver transformational results for clients,” he said. His excitement reflects TPG Capital’s commitment to supporting this new chapter in enterprise technology development.
Vivek Mohan, Business Unit Partner at TPG Capital Asia, noted that the merger comes at a pivotal moment when AI is fundamentally altering the business landscape. “With combined scale and expertise in AI, Altimetrik and SLK will foster faster innovation and generate significant value for clients,” he commented.
Advancing AI Initiatives
Building on Altimetrik’s AI First approach, the recent launch of ALTI AI Adoption Lab and DomainForge.ai will enhance the organization’s capabilities. Together, they will provide a comprehensive suite of solutions across critical areas such as data management, AI integration, product engineering, platform modernization, analytics, DevSecOps, cybersecurity, intelligent infrastructure, and cloud operations.
The collaboration also strengthens their technology partnerships with major organizations, including OpenAI, Amazon Web Services, Snowflake, and Databricks. This ecosystem is poised to enrich their service offerings and provide clients with top-tier solutions tailored to modern needs.
Advisory Support
The acquisition was guided by key advisory firms; Avendus Capital served as the exclusive financial advisor to SLK Software, while EY acted as the advisor for Altimetrik and TPG.
About the New Entity
Altimetrik
With a focus on being an AI-first data and digital engineering company, Altimetrik plays a crucial role in helping enterprises achieve accelerated growth through an incremental, product-driven approach. As a recognized partner of OpenAI, their ALTI AI Adoption Lab and DomainForge.ai work with organizations to craft and scale enterprise-grade AI solutions. With over 6,000 practitioners globally, they specialize in sectors such as BFSI, manufacturing, retail & CPG, automotive, healthcare, and life sciences.
SLK, an Altimetrik Company
SLK, now part of Altimetrik, has established itself as a global technology services provider, combining AI, intelligent automation, and analytics to create innovative technological solutions. The integration enables SLK to expand its reach and capabilities, allowing for enhanced services across industries.
For over 25 years, SLK has helped clients in sectors like insurance and manufacturing to reinvent their business models, and with this merger, they aim to extend their impact into areas such as healthcare and retail.
To explore more about SLK’s offerings, you can visit their website at www.slksoftware.com.
