SoundHound AI completes acquisition of LivePerson to enhance offerings

SoundHound AI has officially closed its acquisition of LivePerson, snapping up the digital messaging platform for $43 million. The deal closed on September 4, 2026, two days after shareholders gave it the green light. Factor in debt restructuring, and the total enterprise value lands closer to $250 million. What SoundHound actually bought LivePerson’s core asset is its digital messaging infrastructure, which processes roughly one billion messages per month across sectors like banking, airlines, and automotive. The combined company now counts 25 Fortune 100 firms as customers, spread across more than 30 countries. It also holds a patent portfolio exceeding 750 patents. SoundHound plans to integrate LivePerson’s messaging capabilities with its own voice and agentic technologies, including OASYS, its Orchestrated Agent System. John Collins has been appointed CFO of the combined entity. The financial engineering SoundHound issued approximately 36.9 million shares to retire LivePerson’s secured notes, resulting in a debt-free balance sheet for the combined company. Management expects a minimum of $100 million in 2027 revenue from LivePerson’s legacy customers alone. The combined company...