LivePerson to be Acquired by SoundHound

Fried Frank is advising LivePerson, Inc., a pioneer in enterprise conversational AI serving hundreds of enterprise and mid-market brands, on its agreement to be acquired by SoundHound AI, Inc., a global voice and conversational AI company. The combination, which implies a total enterprise value of $250 million, unifies SoundHound's industry-leading voice and agentic AI platform with LivePerson's digital engagement capabilities, which power one billion customer messages per month. The transaction is expected to close in the second half of 2026. Read the companies' press release for more information.

The Fried Frank team is led by partners Philip Richter, Mark Hayek and Adam Cohen.

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