SoundHound AI stock fell 4.3% after announcing definitive agreement to acquire LivePerson for $43 million equity value.
The acquisition values LivePerson at $250 million enterprise value, includes $74 million cash balance and will leave the combined firm debt‑free.
SoundHound projects 2027 revenue of $350‑$400 million minimum, with at least $100 million contributed by LivePerson customers, targeting $500 million combined revenue.
Transaction expected to close in H2 2026, adding enterprise customers in >30 countries including major banks, airlines, and automakers.