ŌURA Acquires Proxy in All-Equity Deal
ŌURA, the company behind the smart ring that delivers personalized health data, insights, and daily guidance, announced its acquisition of Proxy, best known for its digital identity signal platform, in an all-equity deal.
- ŌURA, the company behind the smart ring that delivers personalized health data, insights, and daily guidance, announced its acquisition of Proxy, best known for its digital identity signal platform, in an all-equity deal.
- Proxy has been in stealth mode, working to advance its biometrically-linked digital technology from mobile phones to wearables.
- This deal expands ŌURA’s leadership in health wearables and signals our ambitions to integrate digital identity technology with our existing hardware and software offerings,” said Tom Hale, ŌURA CEO.
- By joining ŌURA, the smart ring leader, we can change the game.”
The transaction is subject to customary closing conditions.