TechCrunch: Oura to Acquire Counsel Health for $625 Million, Expected to Close by End of 2027
According to TechCrunch, Oura has announced its plan to acquire AI primary care company Counsel Health for $625 million, with the transaction expected to be completed by the end of 2027. Counsel's services were already integrated into the Oura app in June; the two companies plan to expand healthcare services built upon their existing partnership, and Counsel CEO Muthu Alagappan will join Oura as Chief Clinical AI Officer. The report also noted that Oura indefinitely postponed its IPO plans of up to $2.2 billion a few weeks ago due to uncertainties in the IPO market.
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