The past few months haven’t been kind to SoundHound AI (SOUN +5.14%) shareholders. The company posted record revenue in the first quarter, but that wasn’t enough to offset concerns about its pending acquisition of another company.

As of this writing, shares are down roughly 29% over the last six months. The good news is that if SoundHound successfully integrates that acquisition into its business, its momentum could be reignited, sending the stock price higher.

Image source: Getty Images.

A wise purchase or a risky gamble?

The company that SoundHound is looking to buy (at an equity value of $43 million) is LivePerson (LPSN +0.89%) — it believes the target’s digital engagement suite will complement its current business. SoundHound’s…