Oura Acquires Counsel Health for $625 Million to Integrate AI-Driven Primary Care
Smart ring manufacturer Oura has completed the acquisition of Counsel Health, an AI-native primary care provider, in a cash transaction valued at $625 million. The deal aims to integrate medical AI and physician-led services directly with Oura's wearable technology, providing users with proactive and personalized medical guidance based on their biometric data. The acquisition comes during a period of significant growth for the company, which reported that its revenue is projected to nearly double in fiscal year 2026. By combining real-time health monitoring from its rings with Counsel Health's clinical expertise, Oura is positioning itself to transition from a fitness tracker into a comprehensive digital health and medical advisory platform.
Topics: Healthcare AI M&A Wearable Technology
Read the full article at Seeking Alpha
Part of the story Oura to Acquire Medical AI Startup Counsel Health for $625 Million (3 articles)