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
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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