It's pretty certain now that Siemens will not divest its multi-billion-dollar hearing-aid business after all, having tried and failed to get its nearly $3-billion asking price from the private equity firms and other industry players that were in the bidding. It's too bad none of the serious industry bidders would step up to the plate, because new management and an infusion of … [Read more...] about Let’s Hope Siemens’ Decision To Stay In The Hearing-Aid Business Signals A Commitment To Innovation And New Products
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Six Bidders Compete To Acquire Siemens Hearing Instruments
Siemens has narrowed down the list of potential acquirers in its auction of the Siemens Hearing Instruments business to five private equity firms plus one strategic acquirer. Siemens is among the top five hearing aid companies worldwide but, according to news reports, its shrinking sales and profit margins lagged industry leaders Sonova and William Demant in 2009. News reports … [Read more...] about Six Bidders Compete To Acquire Siemens Hearing Instruments
Siemens Gets Active With New Cielo And Nitro Hearing-Aid Families
Siemens Hearing is the quiet giant in the hearing-aid industry. While Phonak makes noise with its splashy Audeo ads, while Oticon promotes its stylish candy-colored open-fit hearing aids, while Widex keeps itself busy being the "blingi-est" hearing-aid company, and while GN ReSound makes headlines not getting itself acquired, Siemens Hearing just goes about its business … [Read more...] about Siemens Gets Active With New Cielo And Nitro Hearing-Aid Families