SoundHound AI Acquires SYNQ3 Restaurant Solutions
December 7, 2023
SoundHound AI has agreed to acquire SYNQ3 Restaurant Solutions for aggregate consideration of $25 million (approx. 20% cash, 80% SoundHound Class A stock) with up to $4 million of additional consideration payable over three years subject to revenue targets. The acquisition expands SoundHound's voice and conversational AI footprint in restaurants — adding over 10,000 signed locations, deepening relationships with major chains, and accelerating deployment of generative voice AI products across the restaurant industry.
- Buyers
- SoundHound AI, Inc.
- Targets
- SYNQ3 Restaurant Solutions
- Industry
- AI & Machine Learning
- Location
- Colorado, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SoundHound AI Acquires Interactions
September 9, 2025
AI & Machine Learning
SoundHound AI (Nasdaq: SOUN) has acquired Interactions, a pioneer in AI-powered virtual assistants for customer service, for approximately $60 million in cash plus potential additional milestone payments. The acquisition, which adds Interactions' enterprise customer base and conversational AI capabilities to SoundHound's portfolio, is expected to accelerate SoundHound's leadership in agentic AI and expand its enterprise market penetration.
-
SoundHound AI Acquires Key Assets of Allset
June 20, 2024
Restaurants & Hospitality
SoundHound AI has acquired key assets from Allset, an online food-ordering platform, and will integrate Allset's team and restaurant relationships into its voice commerce ecosystem. The deal brings nearly 7,000 restaurant partners and marketplace expertise to SoundHound as it expands voice-enabled ordering across cars, TVs, smart devices, and other channels.
-
Archimedes Tech SPAC Partners Co. Completes Business Combination with SoundHound; SoundHound AI Begins Trading as SOUN
April 27, 2022
AI & Machine Learning
SoundHound Inc. completed its previously announced business combination with Archimedes Tech SPAC Partners Co., creating the combined public company SoundHound AI, Inc., which began trading on Nasdaq under the ticker SOUN on April 28, 2022. The transaction provides SoundHound with significant proceeds to fund customer acquisition, product development and expansion, and adds Archimedes’ leadership to the company’s board.
-
SoundHound AI Acquires Amelia for $80M
August 8, 2024
AI & Machine Learning
SoundHound AI has acquired enterprise conversational AI provider Amelia for $80 million in cash and equity, including assumption of debt and potential earnouts. The deal expands SoundHound's conversational and customer-service AI capabilities and accelerates vertical expansion into regulated industries (financial services, healthcare, retail), with combined revenue expected to exceed $150M in 2025.
-
Sensory Acquires Vocalize.ai
February 13, 2019
AI & Machine Learning
Sensory Inc. acquired Vocalize.ai, a software tools and services provider that benchmarks and evaluates speech recognition and natural language interfaces. Vocalize.ai will operate as an independent division under Sensory to provide independent, real-world testing and benchmarking capabilities to Sensory and the broader voice-enabled industry.
-
ConverseNow Acquires Valyant AI
July 9, 2024
AI & Machine Learning
ConverseNow, an Austin-based voice AI platform for restaurants, has acquired Valyant AI to accelerate its drive-thru technology footprint and combine complementary voice and hardware capabilities. The acquisition brings Valyant's drive-thru-focused voice assistant, proprietary hardware integrations, and employee-assist features into ConverseNow's conversational AI stack to expand capability and scale in the QSR market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.