EXL Acquires iMerit to Strengthen AI Training and Enterprise‑Scale Platforms
Summary
EXL announced a definitive agreement to acquire iMerit in a deal valued at up to $310 million. The move strengthens EXL’s AI training, evaluation, and reinforcement learning capabilities and expands its enterprise AI platform. EXL plans to integrate iMerit’s Ango platform and specialist network into its existing AI offerings to support customers moving from pilot to production. The acquisition is expected to close in the third quarter of 2026, subject to customary approvals and closing conditions.
Classifications
industries
HealthTech
applications
Web and Content Management
AskAI Classifications
Labels
AI Data Annotation Services
Generative AI Services
Computer Vision Software
Linked Companies
iMerit Inc
$100M to $250M