EXL
EXL has bought 3 AI deployment firms since 2021: iMerit, ITI Data and others.
- Type
- IT services firms: Global IT services and outsourcers
- Headquarters
- New York, United States
- Owner
- Public · Nasdaq
- Website
- exlservice.com
- On the map
- EXL's profile
Acquisitions (3)
- Jun 2026: iMerit (United States). Provides AI training data, model evaluation and expert human feedback services for AI developers. Price: $310M (stated as Up to $310 million: $170 million upfront plus up to $140 million of incentives and earnouts over two years, sec.gov). Sources: sec.gov, unite.ai, letsdatascience.com.
- Aug 2024 (announced): ITI Data (New York, United States). Data management, governance, risk and compliance solutions for large banks, financial services and healthcare firms. Price: $26M (stated as Base consideration of $26 million at closing (excluding cash acquired and debt), plus up to $13 million contingent consideration (earn-out) tied to ITI Data performance through 31 July 2026. Preliminary total purchase consideration $33.3 million, including $7.7 million fair value of the contingent payment., sec.gov). Sources: exlservice.com, exlservice.com.
- Dec 2021: Clairvoyant (Clairvoyant AI Inc. per 8-K) (Phoenix, United States). Data engineering, AI and cloud services firm for insurance, healthcare and financial clients. Sources: sec.gov, sec.gov, exlservice.com.
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