Oura settles patent suit with Circular, allowing the French company to use Oura's intellectual property in the U.S. Financial details are undisclosed.
Oura's CEO Tom Hale defends the company's technology, highlighting years of investment in design, research, and engineering. Oura filed a complaint with the FTC against competitors for patent infringement.
Circular's CEO acknowledges Oura's innovation and importance in the wearable technology space. The agreement compensates Oura for its pioneering work in smart rings.
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