Altimetrik and SLK Software Join Forces to Create an AI-First Engineering Services Powerhouse

 

DETROIT, June 30 (Bernama-BUSINESS WIRE) -- Altimetrik, a pure-play AI, Data and Digital engineering solutions company, today announced the signing of a definitive agreement to acquire SLK Software (“SLK”), a global technology services firm focused on delivering AI, intelligence automation and analytics solutions. The acquisition will further strengthen Altimetrik’s end-to-end enablement services and expand its customer reach, with a clear path to accelerate towards Altimetrik’s goal of reaching $1billion in annual revenue. The transaction remains subject to customary closing conditions and is expected to close in the second half of 2025. Financial details were not disclosed.

Founded in 2000, SLK is recognized as a leader in the tech industry, and for its commitment to create innovative digital solutions. This strategic acquisition will significantly enhance the scale of Altimetrik’s capabilities, bringing together Altimetrik’s AI-first, platform-native engineering model and SLK’s full technology services stack that will further accelerate the journey towards modernizing enterprise platforms for its customers.

Altimetrik is among the most evolved digital services providers with advanced data and digital engineering capabilities, a bite sized approach that creates high ROI client outcomes and exceptional track record of data and AI led deployments. Altimetrik will additionally leverage SLK’s deep customer relationships, global operational footprint and complementary leadership talent to further deliver innovation-led value creation for customers.

“In today’s world, AI, and especially Generative AI and Machine Learning, is the engine that is driving true business value,” said Raj Sundaresan, CEO of Altimetrik. “To enable an AI-First business a robust data cloud infrastructure that is grounded in product and platform engineering rigor is crucial. Our investment in SLK reflects our intention to deepen our commitment to customers who are looking for digital, AI-driven solutions that enable business value creation at unparalleled speed and scale. We are incredibly excited and look forward to welcoming SLK Software to the Altimetrik family.”

“This is not a traditional integration. It is a strategic acceleration,” said Parth Amin, Founder & Chairman of SLK Software. “In Altimetrik, we’ve found a partner who shares our values of customer intimacy, people centricity, and a passion for innovation and agility. Together we will unlock greater capabilities for our clients while preserving the speed and responsiveness they trust us for.”

Upon the closing of the transaction, the combined entity will serve a global customer base of over 150 businesses that include Fortune 500 companies and some of the most innovative tech enterprises. It will also enable a partnership network that includes era-defining pioneers such as OpenAI, Amazon Web Services, Snowflake, and Databricks. Together, the business will employ over 10,000 professionals around the world to support customers who are in their digital transformation journey and are looking for innovative solutions to modernize legacy systems through leveraging data and AI, while ensuring world-class governance, compliance, and platform security. This includes organizations across diverse industries, from Financial Services & Payments to Pharma and Lifesciences, to Technology and Manufacturing.

“Altimetrik and SLK coming together is a strategic leap for the industry,” said Puneet Bhatia, Co-Managing Partner and Country Head, India of TPG Capital Asia and Board Member at Altimetrik. “This combination creates an AI-first digital engineering platform with the scale, leadership, and execution muscle to deliver meaningful outcomes across industries. With TPG’s track record and experience in supporting enterprise tech businesses, we are proud to be able to support this next phase of growth and value creation.”

“This acquisition underscores TPG’s investment thesis in technology services, which is indexed on backing strategic technology providers that are leading the data and AI transformation journey for customers, with differentiated business, pricing and delivery models,” said Vivek Mohan, Business Unit Partner at TPG Capital Asia and Board Member at Altimetrik.

Highlighting the breadth and depth of the combined business, Raj Vattikuti, Board Member and Founder of Altimetrik said, “Beyond combining capabilities, bringing together the two businesses is about scaling what we do best: solving real business problems with precision and speed. With SLK, we are expanding our ability to bring industry context, simplify complexity, and deliver AI-native transformation.”

Ajay Kumar, CEO of SLK Software added, “SLK’s customer-first approach has led to building offerings powered by AI to deliver outstanding results for our clients. As a combined entity, SLK and Altimetrik are now set to unlock exceptional value and drive measurable impact at scale for our clients.”

Avendus Capital acted as the exclusive financial advisor to SLK Software. EY acted as the exclusive financial advisor to Altimetrik and TPG.

About Altimetrik

Altimetrik is a pure-play AI, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group’s BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at altimetrik.com.

About SLK Software

SLK Software is a global technology services provider focused on bringing AI, intelligent automation, and analytics together to create leading-edge technology solutions for our customers through a culture of partnership with them, led by an evolutionary mindset. For 25 years, we have helped organizations across diverse industries — insurance providers, financial service organizations, investment management companies, and manufacturers — reimagine their business and solve their present and future needs. Certified as a Great Place To Work®, we encourage an approach of constructively challenging the status quo in all that we do to enable peak business performance for our customers and for ourselves, through disruptive technologies, applied innovation, and purposeful automation. Find out how we help leading organizations reimagine their business at www.slksoftware.com.

View source version on businesswire.com: 
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Contact

Media Contacts:

Altimetrik
Gurvinder Singh Sahni
GSahni@altimetrik.com

Matt McLoughlin
Gregory FCA on behalf of Altimetrik
altimetrik@GregoryFCA.com
+1 610-228-2123

SLK Software
Mohsina Faiz
mohsina.faiz@slksoftware.com
+91 8805008702

Source : Altimetrik

VESCO, SALVINELLI CLINCH 1000 MIGLIA 2025 IN THRILLING FINISH

KUALA LUMPUR, June 23 (Bernama) -- The 43rd edition of the legendary 1000 Miglia concluded in Brescia, with Andrea Vesco and Fabio Salvinelli once again claiming victory.

Driving their iconic Alfa Romeo 6C 1750 Ss, the reigning champions held off strong competition from Daniel Andres Erejomovich and Gustavo Llanos, who briefly took the lead on day four with their 1929 Alfa Romeo 6C 1500 Ss. Rounding out the podium were Tonconogy and Ruffini in a 1931 Alfa Romeo 6C 1750 Gs.

Also taking top honours were Roland Hotz and Giordano Mozzi, winners of the Ferrari Tribute 1000 Miglia in an F8 Spider, while Mirco Magni and Federico Giavardi claimed victory in the 1000 Miglia Green category behind the wheel of a Polestar 4.

This year’s event was a special one, reviving the “figure-eight” route of the pre-war era—a symbolic loop connecting not only Italy’s North and South but also East and West, from the Adriatic Sea to the Tyrrhenian coast.

Over five days and 1,900 kilometres, more than 400 classic cars travelled through Italy’s hidden gems, such as art cities, countryside roads, and coastal stretches, according to a statement.

Starting in Brescia, the Red Arrow route led participants through Ferrara, Rome, Orvieto, Arezzo, Cervia, and Livorno before winding back through the Po Valley and returning home.

Each leg turned into a celebration, with cheering crowds, music, and picturesque backdrops—capturing the spirit of what many call “the most beautiful race in the world”.

-- BERNAMA

Bitget CEO Gracy Chen Featured in Coindesk's Top 50 Women in Web3 and AI

VICTORIA, Seychelles, June 11 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company is excited to share that Gracy Chen, CEO of Bitget, has been featured in CoinDesk’s 2025 list of the Top 50 Women in Web3 and AI, an esteemed recognition that celebrates influential leaders shaping the future of digital finance and technology. The annual list accumulates leaders across blockchain, crypto, and artificial intelligence who are advancing innovation and inclusion in emerging tech sectors.

Among the top ten honorees, Chen stands alongside industry luminaries such as Daniela Amodei of Anthropic, Anima Anandkumar of Caltech, Teana Baker‑Taylor of Venice.ai, MIT’s Regina Barzilay, Hedera’s Betsabe Botaitis, Société Générale’s Stéphanie Cabossioras, Trust Wallet’s Eowyn Chen, BlackRock’s Samara Cohen, Coinbase’s Emilie Choi, and Delphine Forma from Solidus Labs along with forty other exceptional women.

Compiled through a rigorous and inclusive process, the list was curated by CoinDesk’s editorial team in consultation with a diverse panel of women leaders from organizations including Google, Spotify, and the Association of Women in Crypto. Over 300 nominations from around the world were evaluated, with finalists chosen for their innovation, influence, and relevance in shaping Web3 and AI’s next chapter.

Chen stands out not only as the sole woman CEO among the top 10 global crypto exchanges, but also as the leader behind Bitget’s global growth. Since taking over the role of CEO in May 2024, she has steered the platform through a phase of accelerated growth. Under her leadership, Bitget has grown its user base from 20 million to over 120 million users globally, placing it firmly among the top three exchanges by trading volume worldwide.

Her tenure has been marked by a strategic shift that broadened Bitget’s offerings well beyond derivatives. Today, the platform features world-class capabilities in spot trading, a thriving Launchpad and Launchpool ecosystem, AI-powered copy trading, asset management tools, and a widely adopted self-custody wallet through Bitget Wallet. Chen also plays an active role in expanding institutional relationships and securing high-impact partnerships that deepen Bitget’s footprint across key markets.

Outside of product and business development, Chen has made social responsibility a strong pillar of her leadership agenda at Bitget. She leads a $10 million Blockchain4Her (B4H) initiative, which was started to address gender equity in the blockchain industry. The initiative focuses on supporting women builders, developers, and entrepreneurs through education, funding, mentorship, and access to the global Web3 ecosystem. As a delegate to the UN Women CSW conference, Chen also brings critical Web3 perspectives to global discussions on gender and technology. Her background spans over a decade of experience in investment, entrepreneurship, and tech leadership.

Gracy Chen’s inclusion in CoinDesk’s Top 50 Women in Web3 and AI reflects her accomplishments in scaling Bitget into a multi-dimensional Web3 platform, and her growing influence in shaping a more inclusive future for the crypto industry.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab3a5db6-f6a0-4390-aaf9-6c59a2705c6a

SOURCE : Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

SPRING BIO SOLUTION LAUNCHES FIRST FREE PHARMA INTELLIGENCE PLATFORM

KUALA LUMPUR, June 12 (Bernama) -- Spring Bio Solution, a global leader in comparator sourcing and clinical trial supplies, has launched NCE Grid, touted as the world’s first free new chemical entity (NCE-1) intelligence platform — built to decode, centralise, and visualise Paragraph IV (Para IV) opportunities in real-time.

In a statement, the company said the platform addresses long-standing challenges in the pharmaceutical industry, where tracking NCE exclusivity expirations and Para IV filings has been a fragmented and manual process, often relying on spreadsheets and siloed databases.

Spring Bio Solution Founder and Chief Executive Officer, Salim Shaikh said: “We created NCE Grid because we saw too many companies struggle with fragmented insights and missed opportunities. 

“In a race where timing is everything, our platform brings clarity, speed, and a competitive edge to decision-makers. When you think Para IV, think NCE Grid — your trusted guide for strategic drug development.” 

NCE Grid consolidates key data points, including molecule, innovator name, NCE-1 date, revenue, therapeutic applications, sales forecasts, and percentage of compound annual growth rates (CAGR), into one intuitive platform.

The platform aims to support regulatory, strategy, and portfolio teams by offering real-time insights to identify and prioritise first-to-file opportunities, a crucial factor for generic pharmaceutical companies competing for market exclusivity.

-- BERNAMA

Duck Creek Technologies Honours HDFC ERGO With Standard Of Excellence Customer Award

KUALA LUMPUR, June 10 (Bernama) -- Duck Creek Technologies has announced HDFC ERGO General Insurance Company Limited (HDFC ERGO) as a 2025 Standard of Excellence Customer Award winner at Formation ’25, its flagship customer conference held in Orlando, Florida. 

A digital-first company transforming into an artificial intelligence (AI)-first company, HDFC ERGO is a general insurer of India, which is known for introducing pioneering and futuristic tech solutions in the Indian insurance landscape to offer its customers the best-in-class service experience.

The Duck Creek Standard of Excellence Customer Awards recognise customers who have achieved the highest level of excellence through their implementation of Duck Creek solutions and who have a vision to advance their business while reimagining the future of insurance.

“As our first customer in the India market, we are thrilled to be HDFC ERGO’s strategic partner, with our suite of products helping drive meaningful business outcomes and value for the business, their customers, and shareholders.

“HDFC ERGO exemplifies the forward-thinking, customer-focused approach that defines the future of insurance. We congratulate them on this well-deserved recognition,” said Duck Creek Technologies Vice President and General Manager, APAC, Christian Erickson.

According to a statement, HDFC ERGO earned recognition for accelerating product launches, streamlining system integration, and increasing market agility using Duck Creek’s solutions, including Policy, Billing, Rating, and Insights.

The Indian insurance market is undergoing a major transformation with a growing customer demand and the need for hyper-personalised services. The Insurance Regulatory and Development Authority of India has also been encouraging the insurers to develop agile and customer-centric products.

HDFC ERGO’s adoption of Duck Creek’s low-code, highly configurable platform to design a pioneering AI-enabled, real-time policy issuance system marks a significant milestone, in which currently, the insurer has transformed the end-to-end process for its Health and Fire lines of business.

-- BERNAMA

DALI ALLIANCE'S DALI+ BAGS TWO TOP HONOURS AT LIGHTFAIR 2025

KUALA LUMPUR, June 11 (Bernama) -- The DALI Alliance has announced that DALI+, its next-generation wireless and Internet Protocol (IP)-based lighting control technology, earned two major accolades at the 2025 LightFair Innovation Awards, held recently at the Las Vegas Convention Center.

The annual awards recognise the most groundbreaking developments in the lighting and controls industry. Among the top recognitions, DALI+ received the Category Award for Best Control Enabling Technology and the Overall Award for Design Excellence, one of only four overall awards presented this year. 

"These awards validate our vision for a smarter, more connected lighting ecosystem. DALI+ extends DALI into wireless and IP-based domains, without sacrificing interoperability or compliance with global standards,” said DALI Alliance General Manager, Paul Drosihn.

DALI Alliance in a statement said these dual wins position DALI+ as a transformative step forward in lighting innovation, hence cementing the DALI Alliance's role at the forefront of intelligent building technology.

Judged by lighting and controls experts from across the industry, these awards recognise DALI+ as a standout innovation delivering advanced functionality, scalability, and interoperability for modern lighting systems.

DALI+ builds on the trusted DALI protocol by using Thread as the wireless carrier, enabling standardised, robust, two-way control for features such as advanced dimming, diagnostics, and data exchange.

Bringing wireless control to the proven DALI ecosystem, DALI+ when paired with DALI-2 enables seamless hybrid systems that simplify integration in today’s smart buildings.

The DALI Alliance, also known as the Digital Illumination Interface Alliance or DiiA, is the global industry organisation for DALI-based digital lighting control, driving market adoption and standardisation of the Digital Addressable Lighting Interface (DALI) protocol.

-- BERNAMA

New Certification Focused on Fast AI Application Development

 

New Denodo AI SDK Certified Developer Associate simplifies and accelerates development process with multiple configurable large language models (LLMs) and vector databases


PALO ALTO, Calif., June 5 (Bernama-GLOBE NEWSWIRE) -- Denodo, a leader in data management, announced a new certification, Denodo AI SDK Certified Developer Associate, to recognize individuals with the skills to accelerate the development of powerful new artificial intelligence (AI) and generative AI (GenAI) solutions.

Ever since the release of Denodo Platform 9.1 in November of 2024, the Denodo Platform (currently at version 9.2), has included Denodo Assistant, which automates key data engineering tasks and delivers contextualized insights and intelligent recommendations to data analysts and other business users, and the Denodo AI SDK, which accelerates the development of AI-powered applications and agents.

The Denodo AI SDK Certified Developer Associate exam enables organizations to identify top talent that can take their Denodo Platform and AI SDK implementations to new heights in the development of successful AI and GenAI applications that deliver trustworthy, actionable responses.

“With this certification, we are not just simplifying AI development; we are empowering developers to innovate and excel in the rapidly evolving field of artificial intelligence,” said Alberto Pan, chief technology officer at Denodo. “This certification is a testament to our commitment to fostering top-tier talent and driving forward the capabilities of AI and GenAI solutions. By providing a concrete pathway to recognize and enhance skills, we are enabling organizations to leverage the full potential of their AI initiatives.”

Conversely, proficiency in the Denodo AI SDK provides developers with a significant competitive advantage in the expanding field of data management. This SDK works alongside the Denodo Platform, simplifying and accelerating the development process with multiple configurable large language models (LLMs) and vector databases. The SDK leverages the retrieval-augmented generation (RAG) pattern to provide AI applications with authoritative data sources within the enterprise.

Certification also enables developers to showcase their talents. “Certifications can definitely help you stand out and open doors to more complex projects and leadership roles,” said José Pallas, who recently received a Denodo certification. José is a data leader at Vueling, a Denodo customer. “While it wasn't strictly a company mandate, Vueling encourages professional development and recognizes the value of certified professionals on our team,” said José. “Our company sees certification as a way to ensure that we have the right in-house expertise to effectively manage and use our Denodo environment.”

Hananto Prabowo, data expert at Continental, who also recently received a Denodo certification, agrees that certifications can expand one’s career. “I'm interested in certification because I want to keep improving my skills to stay up-to-date with this fast-changing world of data management, so I can better contribute to my organization's goals. Certification is also a great way to connect with other professionals to share ideas.”

AI developers are invited to register for the Denodo AI SDK Certified Developer Associate exam, today. To help them on their journey to AI certification, a broader skillset, and greater success in an AI-empowered business landscape, the Denodo Community offers helpful resources, including data sheets, user manuals, tutorials (including how to build an AI chatbot in minutes), KnowledgeBase articles, and deep-dive TechTalks.

Additional Information

• The Denodo Certified Professional Program
• Denodo Platform 9.2 Press Release
• Denodo University Challenge (AI Edition) Press Release
• Blog post: Navigating the AI Ecosystem: A Developer's Guide to Embracing Transformation
• Podcast: The Value of Data Certifications

About Denodo
Denodo is a leader in data management. The award-winning Denodo Platform is the leading logical data management platform for transforming data into trustworthy insights and outcomes for all data-related initiatives across the enterprise, including AI and self-service. Denodo's customers in all industries all over the world have delivered trusted AI-ready and business-ready data in a third of the time and with 10x better performance than with lakehouses and other mainstream data platforms alone. For more information, visit denodo.com.

Media Contacts
pr@denodo.com 

SOURCE: Denodo Technologies Inc. (“Denodo”)