Oura to acquire AI-native primary care startup Counsel Health for $625M
Summary
Smart ring maker Oura has agreed to purchase artificial intelligence primary care company Counsel Health for six hundred twenty-five million dollars. This strategic acquisition follows Oura's recent decision to indefinitely postpone its multi-billion dollar public offering due to unstable market conditions.
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
Source: Read the full story at TechCrunch
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