With continued revenue growth in its fiscal second quarter, GN Store Nord, parent of the GN ReSound Group of hearing technology brands, is powering through challenges including a costly case of fraud in a U.S. hearing aid subsidiary and contraction of business in its non-hearing-aid headset subsidiary. The Denmark holding company reported overall growth of four percent, … [Read more...] about ReSound Made-for-iPhone Hearing Aids Power Parent Company’s Growth
Companies
William Demant Invests In Wireless Hearing Aid And Hearing Implant Technologies
William Demant, corporate parent of Oticon hearing aids, has tapped the European Investment Bank (EIB) for a €110 million Euro loan ($123 million USD) to power research and development of wireless hearing aid and hearing implant technologies. It's a vote of confidence in the Danish conglomerate, which needs new products and technology to prosper in an increasingly competitive … [Read more...] about William Demant Invests In Wireless Hearing Aid And Hearing Implant Technologies
Siemens Audiology Is Now An Independent Company: “The Sivantos Group”
With the conclusion of its multi-billion-dollar acquisition of Siemens AG's audiology business Thursday, a private investment group led by EQT Partners announced a new name for the company -- Sivantos Group -- along with an ambitious agenda to quickly make its presence felt as one of the world's largest independent hearing aid manufacturers. Siemens Hearing Instruments for … [Read more...] about Siemens Audiology Is Now An Independent Company: “The Sivantos Group”
IntriCon Stakes Out Position In “Value Hearing Health” Market
IntriCon's long-term investment in what it calls the "value hearing health market" is paying off in a big way with its recently signed agreement to distribute low-cost, high-performance hearing aid products through PC Werth Ltd in the United Kingdom. PC Werth has been appointed as one of the main suppliers to the National Health Service (NHS), the largest purchaser of hearing … [Read more...] about IntriCon Stakes Out Position In “Value Hearing Health” Market
Starkey Z Series Hearing Aids Improve Wireless Communication
With its new Z Series hearing aids, Starkey Hearing Technologies has improved wireless connectivity between its hearing aids and peripheral audio streaming devices. The company said its new 900sync™ technology utilizing the 900 MHz transmission band enables more robust sound and "virtually drop free" streaming into the hearing aids from a normal range of five meters or less. … [Read more...] about Starkey Z Series Hearing Aids Improve Wireless Communication