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
Sonova Group
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
Sonova Undaunted By Collapse Of GN Resound Hearing-Aid Acquisition
Valentin Chapero is telling Wall Street that Sonova, led by its Phonak brand of hearing aids, will still vie to become the world's number one hearing-aid company even after the collapse of its bid to acquire GN Resound from GN Store Nord. … [Read more...] about Sonova Undaunted By Collapse Of GN Resound Hearing-Aid Acquisition