Oura Acquires Gesture Control Startup Doublepoint
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oura, a Helsinki-based smart ring company, has acquired Doublepoint, a gesture control tech startup. This acquisition allows Oura to integrate gesture controls into its popular smart rings, enhancing user interactions and health tracking. Oura has seen significant growth, selling five million five hundred thousand rings and reaching an eleven billion dollar valuation. The smart ring market has also experienced a fifty-one percent increase in shipments, with Oura leading the market and projecting sales over one billion five hundred million dollars by 2026. The acquisition brings Doublepoints AI experts onboard, marking Ouras fourth acquisition and emphasizing its focus on rapid growth and talent acquisition.
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