Experienced hyper growth leader joins
SoundHound's expanding executive team as the company’s voice AI
platform reaches one billion queries in one year
SoundHound Inc., a global leader in voice artificial
intelligence, currently in the process of becoming a public company
through its expected merger with Archimedes Tech SPAC Partners Co.
(NASDAQ: ATSPT subunits, which consists of one share of common
stock and 1/4 of a warrant), today announced the appointment of
Zubin Irani as Chief Revenue Officer. Irani, an accomplished leader
with two decades of organizational growth experience, joins
SoundHound to further accelerate the company’s global expansion and
drive its hyper growth goals. Irani’s appointment follows a banner
year for SoundHound as its voice AI platform doubled monthly
queries, achieving over one billion queries in 2021.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220105005412/en/
Zubin Irani, Chief Revenue Officer,
SoundHound Inc. (Photo: Business Wire)
The addition of Irani is a critical step in SoundHound’s
evolution from a private company emphasizing category-defining
technology innovation to a global leader of conversational
intelligence for brands across a variety of industries. Irani’s
appointment as CRO closely follows two other recent additions to
the company’s C-Suite—Nitesh Sharan as CFO and the promotion of
Michael Zagorsek to COO.
Prior to joining SoundHound, Irani served as CEO of Cprime,
Inc., a global technology firm and subsidiary of ALTEN, a world
leader in engineering and technology consulting. During his 15-year
tenure, Zubin was able to grow the company to more than 600 people
through organic expansion and acquisitions and led a tenfold
revenue increase of over $250 million.
“We’re thrilled to welcome Zubin to our executive team. His
experience as an agile organizational leader and his expertise in
rapidly scaling organizations and revenue will help us to meet our
goals as we enter the next phase of SoundHound’s development,”
stated Keyvan Mohajer, SoundHound’s Co-Founder and CEO. “In
addition to his success as a growth leader, Zubin nurtured the team
at his former organization to create an award-winning ‘Best
Workplaces’ atmosphere—a value we share at SoundHound.”
“This is an exciting time to be joining SoundHound—a company
that has already proven its technology through global adoption from
leading brands—and to have the opportunity to build on the huge
momentum the company has already achieved,” said Irani. “The
combination of breakthrough technology and smart, passionate people
provides the solid foundation needed to build a team and yield
dramatic results in short order.”
Before Cprime, Zubin served as DIRECTV’s youngest Director in
its eCommerce business unit. He was also previously a consultant
for Deloitte Consulting. He earned his two MBAs concurrently from
Columbia University and University of California, Berkeley.
About SoundHound Inc.
SoundHound Inc., a leading innovator of conversational
intelligence, offers an independent voice AI platform that enables
businesses across industries to deliver best-in-class
conversational experiences to their customers. Built on proprietary
Speech-to-Meaning® and Deep Meaning Understanding® technologies,
SoundHound’s advanced voice AI platform provides exceptional speed
and accuracy and enables humans to interact with products and
services like they interact with each other—by speaking naturally.
SoundHound is trusted by companies around the globe, including
Hyundai, Mercedes-Benz, Pandora, Deutsche Telekom, Snap, VIZIO,
KIA, and Stellantis. www.soundhound.com
In November, 2021, the company entered into a definitive merger
agreement with Archimedes Tech SPAC Partners Co. (NASDAQ: ATSPU
units, ATSPT subunits). If the transaction is consummated, the
company expects to be publicly listed on Nasdaq under the symbol
SOUN following the closing of the transaction.
About Archimedes Tech SPAC Partners Co.
About Archimedes Tech SPAC Partners Co. Archimedes Tech SPAC
Partners Co. is a blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses in the artificial intelligence, cloud services,
and automotive technology sectors.
Shares of Archimedes’ common stock are currently trading on the
Nasdaq Capital Market as part of Archimedes’ subunits under the
symbol “ATSPT,” with each subunit consisting of one share of the
Archimedes’ common stock and ¼ warrant. A holder will only be able
to retain the ¼ warrant underlying the subunit if the holder elects
to retain the subunit through the consummation of Archimedes and
SoundHound’s merger. The subunits will not separate into shares of
common stock and warrants until the consummation of Archimedes and
SoundHound’s merger.
Important Information and Where to Find It
This press release refers to a proposed transaction between
Archimedes Tech SPAC Partners Co. (“Archimedes”) and SoundHound.
This press release does not constitute an offer to sell or
exchange, or the solicitation of an offer to buy or exchange, any
securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. In connection with the
transaction described herein, Archimedes intends to file relevant
materials with the SEC, including a registration statement on Form
S-4, which will include a proxy statement/prospectus/consent
solicitation. Security holders are encouraged to carefully review
such information, including the risk factors and other disclosures
therein. The proxy statement/prospectus/consent solicitation will
be sent to all Archimedes stockholders. Archimedes also will file
other documents regarding the proposed transaction with the SEC.
Before making any voting or investment decision, investors and
security holders of Archimedes are urged to read the registration
statement, the proxy statement/prospectus/consent solicitation and
all other relevant documents filed or that will be filed with the
SEC in connection with the proposed transaction as they become
available because they will contain important information about the
proposed transaction.
Investors and security holders will be able to obtain free
copies of the proxy statement/prospectus/consent solicitation and
all other relevant documents filed or that will be filed with the
SEC by Archimedes through the website maintained by the SEC at
www.sec.gov or via the website maintained by Archimedes at
www.archimedesspac.com or by emailing Info@ArchimedesSPAC.com.
Participants in the Solicitation
Archimedes and SoundHound and their respective directors and
executive officers may be deemed to be participants in the
solicitation of proxies from Archimedes’s stockholders in
connection with the proposed transaction. Information about
Archimedes's directors and executive officers and their ownership
of Archimedes’s securities is set forth in Archimedes's filings
with the SEC. Additional information regarding the interests of
those persons and other persons who may be deemed participants in
the proposed transaction may be obtained by reading the proxy
statement/prospectus/consent solicitation regarding the proposed
transaction when it becomes available. You may obtain free copies
of these documents as described in the preceding paragraph.
Forward-Looking Statements
This press release contains forward-looking statements, which
are based on estimates, assumptions and expectations. Actual
results and performance could differ materially and adversely from
those expressed or implied in forward-looking statements.
SoundHound does not undertake any obligation to update any
forward-looking statements, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220105005412/en/
SoundHound, Inc. Lisa Flattery (408) 441-3294
PR@SoundHound.com
Archimedes Tech SPAC Par... (NASDAQ:ATSPT)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Archimedes Tech SPAC Par... (NASDAQ:ATSPT)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024