gn resound audio performance

GN Releases Interim Report Q3 of 2018: Double Digit Organic Growth, with Audio Division Continuing to Deliver Strong Results

BALLERUP, DENMARK — In the third quarter of 2018, GN Hearing continues to report strong performance in the independent sector, in what the company said is in line with its 2017-2019 strategy, particularly in North America, where the company says it has witnessed double digit organic revenue growth driven by the LiNX 3D hearing aid…

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gn group q2 2018 report

The GN Group Reports Double Digit Organic Revenue Growth and Margin Increase

BALLERUP, DENMARK – The GN Store Nord released its second quarter (Q2) results for 2018, reporting strong double digit organic revenue grown and margin increase.  The results exceeded analyst expectations, particularly for the company’s Audio division, which has been performing particularly well. Some of the highlights of the company’s Interim Report 2018 included: 11% organic…

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gn resound android google

Google and GN Hearing Partner on Direct Streaming from Android to Hearing Aids

BALLERUP, DENMARK – In news that will be of special interest to hearing aid users who use Android phones, GN Hearing and Google have announced their partnership on technology that will offer the “full spectrum of direct audio streaming from Android devices to hearing aids”. This will make GN Hearing the first manufacturer to provide…

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william demant philips healthcare partnership

William Demant Announces Partnership with Philips

COPENHAGEN, DENMARK – The parent company of the Oticon, Sonic, and Bernafon brand of hearing aids, William Demant, announced this week that it has entered into a licensing agreement with Philips. The agreement will “bring Philips-branded solutions to hearing healthcare”. According to the press release, the new partnership will leverage William Demant’s leading role in…

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starkey research tel aviv isreal

Starkey to Relocate R&D from California to Israel; Offers Glimpse of New Livio AI Hearing Aid

EDEN PRAIRIE, MINNESOTA — Starkey Hearing Technologies recently announced that it was expanding its global research and development (R&D) by establishing an advanced development center in Tel Aviv, Israel, and that it would be closing the company’s research center located in Berkeley, California. Amit Shahar, hired by the company to be the new VP of…

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family centered care audiology phonak

Phonak Announces Launch of Accredited Family-Centered Care Program

Phonak announced the launch of a newly accredited eLearning program for hearing professionals this week on Family-Centered Care (FCC). The FCC approach to hearing healthcare is one that recognizes the essential role the family plays in the overall treatment process. Research has suggested that having a family member in the room results in improved consumer…

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linx 3d oticon opn award

GN Hearing, Oticon, Win Gold at 2018 Stevie Awards

NEW YORK CITY, NEW YORK — The American Business Awards honored the Oticon Opn, GN ReSound Linx 3D and Beltone Trust with Gold Stevie Awards. Since 2002, the Stevie Awards recognize the accomplishments and contributions of companies and business people worldwide and are report to receive more than 10,000 entries annually. According to the announcement,…

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epic hearing sold united healthcare

United Healthcare Revealed as Buyer of EPIC Hearing from Sonova

During an investor presentation at this year’s American Academy of Audiology (AAA) conference in Nashville, Sonova said that it had reached an agreement to sell it’s hearing benefits subsidiary company, Epic Hearing, to a “large US insurer”. However, the details of the agreement and name of the company acquiring EPIC were not revealed at that…

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sivantos widex hearing aid merger

Big Six to Become the Big Five? Sivantos and Widex Announce Merger

In a deal, estimated to be $8.2 billion, Germany’s Sivantos and Denmark’s Widex announced a merger. The newly merged company is expected to be the third largest hearing aid manufacturer in the world, after Sonova and William Demant. Early reports suggest that Swedish private equity firm EQT will own a majority of the merged group…

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