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
GN ReSound
GN ReSound Expects To Increase Its Share Of The Global Hearing Aid Market After A Slow Two Years, But Industry Growth Remains Anemic
More evidence of a turnaround in worldwide sales of hearing aids came with GN ReSound's announcement of improved financial results today, but overall growth in the industry remains anemic. GN ReSound, one of the six largest global hearing aid makers, announced flat organic growth in the second quarter of 2010 over the same period in 2009, after sales declines in the previous … [Read more...] about GN ReSound Expects To Increase Its Share Of The Global Hearing Aid Market After A Slow Two Years, But Industry Growth Remains Anemic
GN ReSound Alera Arrives With Wireless Features Setting The Bar Higher For Premium Hearing Aids
The wireless features in the new GN ReSound Alera family of hearing aids, which start shipping this week, are very similar to those found in several other high-end hearing aids already announced by other manufacturers. But, taken together, they help set the bar higher for premium hearing aids and assistive listening devices in general. The only question is how much better the … [Read more...] about GN ReSound Alera Arrives With Wireless Features Setting The Bar Higher For Premium Hearing Aids
ReSound Alera Hearing Aids Provide Wireless Connectivity To TV And Mobile Phones
GN ReSound's new flagship family of Alera hearing aids will provide wireless connectivity directly with mobile phones and television sets equipped with ReSound's new Unite assistive listening device (ALD) accessories. Like other new wireless ALD accessories from Widex and other hearing-aid manufacturers, the ReSound Unite accessories eliminate the need for transmission … [Read more...] about ReSound Alera Hearing Aids Provide Wireless Connectivity To TV And Mobile Phones
Race To Acquire Siemens Hearing Aids Heats Up As Cochlear Ltd. And Synthes Join Fray
Reuters quotes sources saying Cochlear Ltd., one of three global suppliers of cochlear implant devices as well as a leader in bone-anchored hearing aids, intends to join two private equity firms in making a multi-billion dollar bid for Siemens Hearing Instruments, which is being spun off by its parent company. The report also says Synthes, a global medical equipment … [Read more...] about Race To Acquire Siemens Hearing Aids Heats Up As Cochlear Ltd. And Synthes Join Fray