The company snapped Amelia, an enterprise AI software company, for $80 million, with earnout potential aligned to revenue milestone achievements. Combined revenue in 2025 will likely exceed $150 million, with Amelia contributing over $45 million in recurring AI software revenue. The transaction will likely be accretive to SoundHound earnings in the second half of 2025, with meaningful revenue and cost synergies. The combined company holds $160 million in cash and $39 million in debt.