Exl acquires iMerit for $170M

iMerit provides AI data solutions across computer vision and natural language processing for AI developers. On June 24, 2026, Exl announced it would acquire iMerit for $170M (cash). EXL is a provider of Transformation and Outsourcing services to Global 1000 companies in multiple industries At the middle of Crunchbase's revenue estimate ($10M to $50M) the price works out to roughly 8× revenue.