Overview
- SoundHound, in a deal announced April 21, agreed to buy LivePerson using stock to link its voice and agent AI with LivePerson’s high-volume messaging so customers can interact across voice and chat in one system.
- The transaction values LivePerson equity at about $43 million at a 22% premium and implies roughly a $250 million enterprise value, with about $74 million of cash expected at close and a debt-free combined balance sheet.
- The company says LivePerson’s roughly one billion messages a month expand training data and cross-sell reach, and it targets $350 million to $400 million in 2027 revenue with a longer-term $500 million opportunity.
- Wedbush kept an Outperform rating and a $12 target, and SOUN shares rose nearly 5% on announcement day and were up about 3% to $8.08 on Friday in a cautious vote of confidence.
- Closing is planned for the second half of 2026 pending approvals, and investors are watching the May 7 results and 2026 guidance to gauge standalone progress before any 2027 impact from the deal.