ŌURA completed the acquisition of Proxy.

ŌURA, a Finnish health technology company, completed the acquisition of Proxy, a digital identity platform. Financial terms were not disclosed. “ŌURA was founded on a culture of innovation, and has put great emphasis on building broad protection for our intellectual property. 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. We are thrilled to collaborate with the innovative Proxy team to expand our addressable market, paving the way for new opportunities in areas such as payments, access, security, identity, and beyond, fueling future growth. With the acquisition of Proxy, we have the most comprehensive portfolio in the smart ring space,” Tom Hale, ŌURA CEO.