VERB Technology Company Inc. (VERB—NASDAQ), a creator of business-focused interactive video as well as Augmented Sales Intelligence software, has acquired Sound Concepts, a provider of digital marketing and customer relationship management (CRM) applications for the direct sales and affiliate marketing industries. Each share of Sound Concepts’ capital stock issued prior was converted to a proportionate share of $25 million of value to shareholders through a cash payment and VERB stock. The cash payment consisted of an aggregate of $15 million, which was paid using a portion of the net proceeds VERB received as a result of its recent public offering of units that closed on April 9.