It took a while, but "Made for iPhone Hearing Aids" have finally made it to market with GN ReSound´s introduction today of its new LiNX(tm) hearing aid family. Will the marriage of smartphones and hearing aids jump-start more rapid growth in the global hearing-aid industry? With ReSound LiNX hearing aids, users will be able to stream phone conversations, music and other … [Read more...] about GN ReSound Introduces World’s First ‘Made for iPhone Hearing Aid’
GN Store Nord
If You Were A Major Hearing Aid Company And Got A Half-Billion Dollar Windfall, What Would You Do With It?
If you were one of the world's largest hearing-aid companies and suddenly received a half-billion dollar windfall, what would you do with it? That's exactly the position GN Store Nord finds itself in today. The parent of GN ReSound hearing aids and GN Netcom headsets will get 550 million Euros (approximately $530 million US) after prevailing in a long-standing civil dispute … [Read more...] about If You Were A Major Hearing Aid Company And Got A Half-Billion Dollar Windfall, What Would You Do With It?
ReSound Alera Success Drives GN Store Nord Hearing Aid Sales To 9% Global Growth And 23% Growth In U.S.
ReSound's Alera hearing aids have put the Denmark company back on a strong growth track, with parent GN Store Nord reporting its hearing aid business revenues grew nine percent worldwide in the first fiscal quarter of 2011, with growth in the healthy North American market growing 23 percent. ReSound Alera high-end hearing aids feature like wireless connectivity, sophisticated … [Read more...] about ReSound Alera Success Drives GN Store Nord Hearing Aid Sales To 9% Global Growth And 23% Growth In U.S.
While William Demant and GN ReSound Fought Over Otix, Sonova Widened Its Hearing-Aid Industry Market Lead
As GN ReSound and William Demant battled over who would win the battle to acquire Otix Global this fall, hearing-aid industry leader Sonova stuck to its knitting and on Nov. 16 claimed it has widened its market share lead. But at the same time, all three of the publicly traded hearing-aid manufacturers hinted they have turned the corner after several years of anemic growth in … [Read more...] about While William Demant and GN ReSound Fought Over Otix, Sonova Widened Its Hearing-Aid Industry Market Lead
Bidding War Breaks Out For Otix Global As William Demant And GN ReSound Vie For Market Share In Consolidating Hearing Aid Industry
A bidding war has broken out for Otix Global, maker of Sonic Innovations hearing aids and one of the world's seven largest hearing-aid manufacturers, with William Demant Holding today matching GN ReSound's $58 million (USD) acquisition bid. GN ReSound last week had topped William Demant's initial $50 million bid to acquire the struggling U.S.-based company. Today's $58 million, … [Read more...] about Bidding War Breaks Out For Otix Global As William Demant And GN ReSound Vie For Market Share In Consolidating Hearing Aid Industry