Aldmeris is not present in the game or any lore source as far as I know. However, elven languages that have evolved from it, such as Dwemer, Ayleidoon and Falmeris, are very much represented and translatable. There are ongoing efforts to understand these languages. But unlike the Dragon Language, there is no large dictionary by which it can be understood. The symbols used are fairly well known though.
Aldmeris comes from Ehlnofex, as do all other languages of men and mer. This can be found in a number of texts, such as the Mythic Dawn Commentaries and 36 Lessons.