Following Phonak Announcement, Signia Launches Own Lithium-Ion Rechargeable

PISCATAWAY, NEW JERSEY —  Signia announced last week that their new product, Cellion primax, will use lithium-ion rechargeable technology. According to a recent Signia press release the key feature of the Cellion primax technology is up to two days of regular use with nearly unlimited streaming capabilities on a single charge. The recharging capability will…

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audionova for sale

European Retail Chain Hoping to Fetch €500 Million

ROTTERDAM — AudioNova, one of the largest hearing aid retailers in Europe, is on the auction block, according to recent reports. AudioNova, owned by the investment company HAL Trust, has more than 1300 hearing aid retail stores across 12 countries in Europe, including Germany and France. Amplifon, William Demant, Sonova and Sivantos are reported to be…

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siemens signia hearing aids

Sivantos Unveils New Hearing Aid Brand: Signia

PISCATAWAY, NEW JERSEY — One year after the transfer of Siemens hearing aids to the Sivantos group, it was announced late last week that the group would be introducing a new brand to the marketplace. During their recent Aspire customer loyalty meeting, which brought more than 300 hearing care providers to Nashville for a three…

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https://www.internetretailer.com/2010/05/18/e-retail-puts-together-back-back-double-digit-growth-quarters

Sivantos Experiences Double-digit Growth

Sivantos reported their 2015 financial numbers for fiscal year (FY) 2015 earlier this week and the report highlights 10% organic growth for FY 2015 that ended September 30th. According to a recent European analysist report for the hearing aid industry Sivantos and ReSound have been the fastest growing manufacturers in the  hearing aid industry for…

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Medtronic and Sivantos both announce acquisitions of hearing care companies

  ERLANGEN, GERMANY/DUBLIN–Last week was a busy one in the hearing industry’s merger and acquisition front. On March 26, the Sivantos Group (formerly Siemens Audiology Solutions) announced that it would take over all shares in audibene, as part of a strategic partnership and investment agreement with Europe’s largest Internet portal for hearing care case management.The…

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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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Sale of Siemens Hearing is a done deal; company is rebranded as Sivantos

ERLANGEN, GERMANY–The sale of Siemens Audiology Solutions to private investors, agreed to on November 6, passed through regulatory scrutiny without a hitch and was finalized on January 15. The purchasers, EQT and the Strüngmann family, paid €2.15 billion (approximately $2.5 billion at the time of closing) to Siemens AG for its hearing aid division, making…

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Bernstein Research is bullish on ReSound; sees it gaining on Sonova and Demant

By David H. Kirkwood LONDON–Bernstein Research, a leading analyst of the hearing aid industry, sees continued growth and higher stock prices in 2015 and beyond for GN Store Nord (GN), parent company of ReSound. However, as the title of its latest report, Hearing Aids: A Review of the Major Sector Trends Going into 2015. Still…

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Readers’ Choice 2014: Phonak and Costco team up

Dear Readers: During this holiday season, the editors at Hearing Health & Technology Matters (HHTM) are taking some time off. However, we are not leaving you without anything to read on our blog this week. Instead, we are publishing a special holiday edition filled with what we call our Readers’ Choices. HHTM has had more…

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A rising IntriCon will provide hearing aids to the UK’s National Health Service

By David H. Kirkwood ARDEN HILLS, MN—Hearing care providers are familiar with the world’s “Big Six” hearing aid manufacturers, or at least their flagship brands. That’s only natural, as together Sonova, William Demant, GN Store Nord, Siemens, Starkey, and Widex account for over 90% of the devices sold in the U.S. and Western Europe. However,…

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