Altimetrik announces definitive agreement to acquire SLK Software, enhancing AI, automation, and analytics capabilities.

Today, the global technology services company SLK Software, which specializes in providing AI, intelligence automation, and analytics solutions, signed a formal agreement to be acquired by Altimetrik, a pure-play AI, data, and digital engineering solutions company. The acquisition will help Altimetrik enhance its end-to-end enablement services, along with increasing its client base.

Additionally, it will give the business a clear route to reaching its yearly revenue target of over $1 billion. Established in 2000, SLK is a leading technology company, known for its commitment to creating innovative digital solutions. This strategic buy will greatly enhance the company's strengths and accelerate its customers' migration to modern enterprise platforms by combining Altimetrik's AI-first, platform-native engineering approach with SLK's complete technology services foundation.

One of the most advanced providers of digital services, Altimetrik has a remarkable track record of data and AI-led deployments, sophisticated data and digital engineering capabilities, and a bite-sized methodology that produces high ROI customer outcomes. Altimetrik will further provide innovation-led value creation for clients by utilizing SLK's extensive worldwide operational base, strong customer relationships, and complementary leadership expertise.

Following the transaction, the combined business will serve over 150 clients globally, including Fortune 500 companies and some of the most innovative software developers. A network of collaborations with ground-breaking innovators like Databricks, Snowflake, Amazon Web Services, and OpenAI will also be made possible by it. Over 10,000 people will be employed globally by the company to assist clients that are undergoing digital transformation.