beltone president

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…

Read More

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…

Read More

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,…

Read More

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,…

Read More

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…

Read More

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…

Read More

Danish hearing aid companies gain value

COPENHAGEN—Investors were bullish today (July 29) on Denmark’s two major publicly owned hearing care technology companies. The price of shares in GN Store Nord, owner of GN ReSound, rose by about 6% in early trading on the Nasdaq OMX Copenhagen 20 Index (KFX), reaching 114.00 Danish kroner ($20.28), compared to Friday’s closing price of 107.50…

Read More