[Oura to Acquire AI Healthcare Startup Counsel Health for $625 Million] BlockBeats reported on November 11th, citing Bloomberg, that smart ring maker Oura has agreed to acquire Counsel Health, a provider of AI-powered health consultations and on-demand medical services, for $625 million. This is Oura's largest acquisition to date, aiming to extend its business from health monitoring to medical services. Oura also announced that its revenue for the fourth fiscal quarter ending September 30th increased by 153% to $533 million, with adjusted EBITDA of $87 million and a profit margin of 16%. Fiscal year 2026 revenue is projected to be approximately $1.75 billion, representing a 92% year-over-year increase. Oura originally planned to go public at the end of September, but this was postponed due to market uncertainty. CEO Tom Hale stated that there are currently no updates regarding whether the IPO plans will be restarted or a specific timeline. Counsel Health integrated with the Oura app in June, enabling AI to answer users' health questions using data collected from smart rings and other medical information; users requiring formal diagnosis can contact doctors. Oura plans to use this acquisition to help users access medical advice when physiological indicators are abnormal and to support users with persistent health problems. Counsel Health CEO Muthu Alagappan will become Oura's Chief Clinical AI Officer, and 70 of the company's employees will join Oura. [Original Link]