Oddity Tech Acquires Fionic's Tech Intellectual Property

MT Newswires Live

2025/01/22

Oddity Tech (ODD) said Tuesday it has acquired fintech company Fionic's tech intellectual property.

The company said Fionic's artificial intelligence research and development team, including co-founder Asaf Nurick and key members, have also joined Oddity.

Financial details weren't disclosed.

The transaction is not expected to significantly affect Oddity's financial position, cash flow, or earnings outlook for 2025, the company said.

Price: 44.94, Change: +0.07, Percent Change: +0.16

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