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
Otix
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