SoundHound closes LivePerson deal: $43M in equity for a platform handling 1B messages a month
shashib · x · 2026-09-05
SoundHound completed its acquisition of LivePerson on Sep 4, with LivePerson delisting from Nasdaq the same day.
- The April agreement valued LivePerson equity at $43M (a 22% premium), and SoundHound retired its notes, leaving the combined balance sheet debt-free.
- LivePerson's Conversational Cloud spans web chat, SMS, and social messaging at nearly 1 billion messages/month, bringing 25 Fortune 100 names and 750+ patents to the combined roster.
- LivePerson's John Collins becomes CFO of the combined company; SoundHound targets $500M+ revenue from the installed base.
More from Venture
- Daytona raises $60M Series B at $1B valuation to build the agent cloud — tsi_org · 2026-10-21
- Satirical Post: $1B 'AI Trading Lab' Allegedly Trades on Model-Release Insider Info — StewartalsopIII · 2026-10-20
- a16z's Ben Horowitz says AI buildout isn't the 90s bubble — an investor pushes back — henloitsjoyce · 2026-10-20
- DeepSeek hands inference providers 90%+ margins, pressuring Moonshot and Zhipu hosting deals — teortaxesTex · 2026-10-20
- a16z leads Eka Robotics Series A, betting on Vision-Force-Action models for dexterous manipulation — a16z · 2026-10-20
- Salesforce signs definitive agreement to acquire customer engagement platform Braze — thedealdirector · 2026-10-20