Oura buys Sparta Science, its third acquisition in two years
Reading Time: < 1 minutesThe deal marks Oura’s third acquisition in two years. The company purchased digital identity platform, Proxy, in May 2023. This September, it added Veri to the list, as it looks to grow out its metabolic health/diabetes monitoring capabilities.
Sparta’s primary offering is the health platform, Trinsic, which tracks health vitals for enterprise clients. The technology will be integrated into the hardware firm’s B2B offering, Oura Business.
Business applications have played an increasingly important role in the world of health-based wearables in recent years. Oura Business lets employers purchase the ring in bulk or through gift cards, allowing employees to choose their specific size and color.
‘Through our work over the years with partners like the Department of Defense, we’ve proved that Oura Ring is uniquely positioned to support population health remotely and at scale,’ Oura’s chief commercial officer says in a release. ‘The addition of Sparta Science and its Trinsic data platform will help us meet the specific needs of our partners.’
Oura says it will continue to support Sparta’s force plates through the end of the year, at which point it will end production on the clinical grade hardware. Oura Ring 4, the wearable firm’s latest hardware, was released in October.
Ref: techcrunch
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