Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020 (Edward Ludlow/Bloomberg)

by #AI May 9, 2023 · Automatic

Edward Ludlow / Bloomberg:
Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020 — Finnish wearable-technology maker Oura Health Oy is acquiring a little-known tech startup, Proxy Inc., which makes digital identification tools …