“Yesterday, the United States International Trade Commission (ITC) ruled against Ultrahuman and RingConn for patent infringement related to the Oura Ring form factor,” Oura says. The ITC issued exclusion and cease-and-desist orders to the companies. [Link: Oura Secures Decisive Legal Victory with ITC Patent Ruling | https://ouraring.com/blog/oura-itc-case/ | The Pulse Blog]
“Yesterday, the United States International Trade Commission (ITC) ruled against Ultrahuman and RingConn for patent infringement related to the Oura Ring form factor,” Oura says. The ITC issued exclusion and cease-and-desist orders to the companies.
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The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
Oura will buy AI primary care firm Counsel Health for $625m in cash, after quarterly revenue rose 153% to $533m.
