gn resound research development

GN Signs Agreement with European Investment Bank for 100M Euro Financing to Support Hearing Aid R&D

BALLERUP, DENMARK — The GN Store Nord, parent company of GN ReSound, announced that it has signed an agreement with the European Investment Bank (EIB) for a €100 million loan agreement to support the company’s research and development into new hearing aids. Specifically, the company said the investment will focus on “strengthening its hardware and…

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GN Audio Loses Antitrust Lawsuit Filed Against Plantronics

WILMINGTON, DELAWARE — On October 18, 2017, a jury in Federal District Court in Delaware ruled in favor of Plantronics in a lawsuit brought by GN Audio (formerly GN Netcom) in 2012 against the company over its business practices. Despite Plantronics having received a $3 million sanction in 2016 over intentionally deleting thousands of emails…

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gn jabra elite sport hearable

GN-Owned Jabra Aims to Take on Bragi, Samsung; Launches New Hearable

BALLERUP, DENMARK — Headset maker Jabra, a subsidiary company of the GN Group, announced the upcoming release of what it dubs as the “most technologically advanced wireless earbuds” available: the Elite Sport. The new Elite Sport wireless earbuds will come fully equipped with a heart rate monitor, music/stereo streaming, in-ear audio coaching with real time feedback, and…

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Audiology World News: GN Group Rebrands, introduces GN Hearing and GN Audio

By Victoria Adshead   With immediate effect GN has changed its legal company names in order to ‘support a renewed brand platform’. GN ReSound A/S has changed to GN Hearing A/S. Its flagship brand remains as ReSound and it will continue operating other specialty brands such as Beltone, Interton and Otometrics under the GN Hearing umbrella.…

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GN Appoints New CFO; Announces New President of Beltone North America

COPENHAGEN, DENMARK — GN Store Nord announced last week that it has chosen hearing industry veteran Marcus Desimoni as the new chief financial officer (CFO) of GN Store Nord and GN ReSound, effective February 15, 2016. Desimoni will replace Anders Boyer, who resigned as CFO in December. According to the company, Desimoni has more than 15 years of financial leadership experience…

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New app makes ReSound’s LiNX hearing aids compatible with Apple Watch

    COPENHAGEN–GN ReSound, which last February became the first manufacturer to offer a hearing aid, the ReSound LiNX, that allowed wearers to stream audio directly from their Apple iPhone, iPad, or iPod touch to their hearing aid without need for a separate intermediary device, has introduced a new hearing aid app designed specifically for…

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Sonova to buy Hansaton, and two hearing aid retailers; also plans cost-cutting steps

      STÄFA, SWITZERLAND—Sonova Holding AG, the world’s largest hearing aid manufacturer, announced today (March 2) that it will acquire three German hearing aid companies: Hansaton Akustik GmBH, which is a family-run hearing aid wholesaler, and two retail chains, Vitakustik GmbH and Fiebing Hörtechnik GmbH. The purchase prices were not disclosed.     Sonova,…

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Siemens to sell hearing aid division; $2.67 billion deal is industry’s biggest ever

This updated version of the post published on November 7 includes additional comments about the sale of Siemens from an informed source whom I interviewed this week. My informant asked not to be named because he was not authorized by his company to speak for publication.  David H. Kirkwood, Editor, Hearing News Watch   MUNICH,…

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Siemens in the re-making: Latest update

This week, the lead item on Hearing News Watch is a post about the ongoing saga of the sale of Siemens Audiology Solutions. It is written by my blog colleague Holly Hosford-Dunn, PhD, who published it October 24 on Hearing Economics. I thought this timely report would be of interest to Hearing News Watch readers as…

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GN adds a major Danish hearing aid dispensing company to its portfolio

COPENHAGEN—The latest development in a continuing trend in the hearing aid industry toward manufacturer control of the retail sector took place today (October 1) when GN Store Nord A/S acquired a major Danish hearing aid dispensing network, Dansk Hørecenter. GN, owner of GN ReSound, made the purchase through its Beltone subsidiary. The price was not…

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