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New Deal


Announced

SoundHound AI to acquire SYNQ3 Restaurant Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

restaurant industry

technology

Software

Acquisition

Domestic

Private

Majority

Friendly

Pending

voice AI

Single Bidder

Synopsis

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SoundHound, a global company in voice artificial intelligence, agreed to acquire SYNQ3 Restaurant Solutions, a provider of voice AI and other technology solutions to the restaurant industry. Financial terms were not disclosed. “In joining forces, SoundHound AI and SYNQ3 will be the go-to standard for cutting-edge voice and conversational AI solutions for the restaurant industry,” Keyvan Mohajer, SoundHound AI CEO and Co-Founder.

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