SoundHound acquires Amelia for $80M in cash and equity, sees accretion

SoundHound announced the acquisition of Amelia, an enterprise AI software company. The purchase price was $80M in cash and equity, with partial payment and assumption of Amelia’s debt, as well as future earnout potential aligned to revenue milestone achievements. Combined revenue in 2025 is expected to exceed $150M, with Amelia contributing over $45M in recurring AI software revenue, plus other non-software revenues such as professional services and agent-related fees. Transaction is expected to be accretive to SoundHound earnings in the second half of 2025, with meaningful revenue and cost synergies driving growth and profitability expansion in subsequent years At closing, the combined company holds approximately $160M of cash and $39M of debt