SoundHound AI will acquire LivePerson for $43 million, valuing it at a $250 million enterprise value and absorbing $74 million in cash before repaying discounted debt with a mix of cash and equity. The transaction is expected to close in the second half of 2026, subject to regulatory approval and customary conditions.

The combined platform will integrate SoundHound’s voice and agentic AI with LivePerson’s digital messaging capabilities, enabling unified customer engagement across voice and text channels. This integration targets enterprises in over 30 countries across sectors like financial services, telecommunications, healthcare, travel, hospitality and retail.

The merger is projected to drive combined revenue of $350 million to $400 million by 2027, with at least $100 million attributable to LivePerson’s existing client base. SoundHound expects to operate the combined firm with no net debt and leverage tens of billions of customer exchanges to enhance automation and AI model performance.