An Update on Recent Hearing Device Activity

The U.S. private hearing aid market experienced a marked increase in June, as total hearing aid unit sales grew 13% compared to June, 2015. During that same period of time, the Veteran’s Administration system, which comprises about 20% of the total U.S. market saw their year-over-year unit sales decline 3%. This according to data published…

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william demant retail acquisition

After Major Acquisitions by Sonova, GN, William Demant Eyes “Defensive” Retail Acquisition Opportunities

COPENHAGEN, DENMARK — After seeing two of its biggest competitors make major acquisitions in recent months, hearing aid maker William Demant is seeking ways to minimize the impact on its global sales. According to a June 8 Reuters article by Ole Mikkelsen, the company (which owns major hearing aid brands Oticon, Bernafon and Sonic Innovations) says it “will not…

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william demant oticon otc

Oticon Announces Upcoming Product to Include 2.4 GHz Connectivity, Signaling Industry Shift

KONGBAKKEN, DENMARK — Less than six months following Sonova’s announcement that its next generation of hearing instruments would include 2.4 GHz connectivity in late 2016 or early 2017, William Demant Holdings announced last week that Oticon’s soon-to-be-released hearing device will include 2.4 GHz connectivity. The company’s new 2.4GHz capable hearing aid is expected to be released at…

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samsung hearing aid galaxy

Samsung Hearing Aid Rumors Heat Up: Reports Claim Company Nearing Official Launch

SEOUL, SOUTH KOREA — After months of silence following reports in April 2015 that consumer electronics titan Samsung was planning to launch its own hearing aid, to coincide with the release of its next flagship Galaxy S7 smartphone, a number of reports surfaced last week that suggest Samsung may be readying its official launch into the hearing…

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judge oticon resound

UPDATE: GN ReSound Wins Default Judgement Against Oticon in German Court

UPDATE:  “On January 7, the Oticon vs GN Resound patent war came to an end with scarcely a shot fired.  Settling a “slew of patent disputes” was good news for Big 6 bottom line solidarity and uninterrupted technological innovation.” —Holly Hosford-Dunn, January 12th, 2016, US Hearing Devic Patent Activity for November-December 2015.    DUSSELDORF, GERMANY — a default judgement…

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william demant hearing aid

Demant Promotes Oticon President as COO of Group, Adds New CFO

Kongebakken, Denmark–Danish hearing instrument manufacturer William Demant Holdings A/S announced the hiring Tuesday of René Schneider, for a newly created position of Chief Financial Officer. It was also announced that Søren Nielsen, the President of Demant’s flagship brand Oticon, was being promoted as Chief Operating Officer for the company. According to the press release, René Schneider comes to…

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Justin Osmond runs 250 miles to help kids get hearing aids

  ST. GEORGE, UTAH—After running 250 miles over eight days through wind and cold, hail and snow, up steep mountain roads that reached nearly 8000 feet in altitude, a physically and emotionally spent Justin Osmond crossed the finish line in St. George on Saturday, May 9, arms raised in triumph. There to meet the celebrated…

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Scott Davis of Sivantos is new HIA chairman

      WASHINGTON, DC—The announcement of the first Unison Hearing Health Global Summit was the biggest story to emerge from the 2015 annual meeting of the Hearing Industries Association (HIA) on March 6, but not the only news. The national trade association of manufacturers of hearing aids and related products elected Scott Davis as…

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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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William Demant and ReSound reach agreements with major hearing aid retailers

    By David H. Kirkwood COPENHAGEN–Two of the hearing aid industry’s Big Six companies–William Demant, parent company of Oticon, and GN ReSound—are taking steps to strengthen their retail distribution channels. Demant announced yesterday (February 17) that it is negotiating to buy a majority interest in Audika Groupe, the largest network of hearing aid centers…

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