Smart Ring Maker Oura to Acquire AI Healthcare Company Counsel Health for $625 Million in Cash

November 11 – According to Oura's announcement, smart ring maker Oura has signed a definitive agreement to acquire AI-native primary care company Counsel Health for $625 million in cash, with the final price subject to purchase price adjustments. The deal is expected to close before the end of this year. After the acquisition, Oura users will be able to talk directly with Counsel's medical AI in the app to receive personalized advice and, when needed, be connected to licensed physicians within minutes. Oura said it achieved record 153% growth this quarter, with more than 6 million members.