Proxy Acquires Motiv

April 27, 2020

Proxy, a digital-identity startup, has acquired Motiv, the maker of the Motiv smart ring, in a strategic deal to bring biometric wearable technology and digital identity signals together. The acquisition transfers Motiv's technology portfolio and patents to Proxy and retains most Motiv employees, enabling Proxy to accelerate its wearables roadmap and add touchless ring-based access for enterprise customers.

Buyers
Proxy
Targets
Motiv
Location
California, United States
Transaction Type
Buyout

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