Bloomberg News confirmed that Sonova Holding AG is working feverishly to fix the problems that spurred a global recall of the Advanced Bionics (AB)Hi-Res 90K cochlear implant and hopes to end the recall as early as April or at the latest by the autumn of this year. Sonova CEO Valentin Chapero Rueda earlier this week indicated in an interview with the Swiss newspaper … [Read more...] about Sonova CEO Says Recall Of Advanced Bionics Hi-Res 90K Cochlear Implant Might Be Over By April
Sonova Group
Sonova To Cut Staff In Wake Of Advanced Bionics Cochlear Implant Recall
The Wall Street Journal reported that Sonova Holding AG, parent of worldwide hearing aid market leader Phonak and other brands of hearing-aid and hearing-implant suppliers, will speed up an ongoing reorganization and cut staff by as many as 100 employees following the decision by its subsidiary Advanced Bionics (AB) to pull its cochlear implant products off the market until … [Read more...] about Sonova To Cut Staff In Wake Of Advanced Bionics Cochlear Implant Recall
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
Will HearingPlanet Still Give Objective Advice About Other Hearing Aid Brands When It Is Owned By Phonak Parent Sonova?
Audiology Online published an intriguing interview yesterday with a senior executive of the The Sonova Group, parent of the Phonak, Lyric and Unitron hearing-aid brands, among others, on why Sonova acquired HearingPlanet, the popular web site that provides detailed information on multiple hearing-aid brands for potential customers. In the AudiologyOnline Q&A, Sonova Group … [Read more...] about Will HearingPlanet Still Give Objective Advice About Other Hearing Aid Brands When It Is Owned By Phonak Parent Sonova?