09:55 AM EDT, 04/21/2026 (MT Newswires) -- SoundHound AI ( SOUN ) said Tuesday it has agreed to acquire LivePerson ( LPSN ) for $43 million.

Under deal terms, SoundHound AI ( SOUN ) will get $74 million of LivePerson's ( LPSN ) cash balance prior to repayment of the 2026 convertible senior notes and at closing, SoundHound will retire the discounted debt with a mix of cash and equity, the companies said.

SoundHound AI ( SOUN ) further anticipates that its 2027 revenue range will be $350 million to $400 million at its minimum level, with at least $100 million of growable contribution from LivePerson's ( LPSN ) long-tenured customers, the companies added.

The transaction is expected to close in H2, subject to customary regulatory approvals and closing conditions.

Shares of SoundHound AI ( SOUN ) and LivePerson ( LPSN ) were up 1.2% and 1.5% in early Tuesday trading.

Price: 8.52, Change: +0.20, Percent Change: +2.34