GN 2018 Annual Report: Company Posts 13% Organic Growth and Margin Increase
BALLERUP, DENMARK — GN Store Nord’s 2017 – 2019 strategy continues to pay off for the company. In its 2018 Annual Report, the company has posted organic revenue growth of 13%, based on the strong performance of both the GN Hearing and Audio divisions. With important product launches during the year, GN believes it is…
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GN Hearing Launches Artificial Intelligence Feature in Tandem with Apple’s Siri Assistant
BALLERUP, DENMARK — GN Hearing has announced the launch of its new artificial intelligence (AI) solution in tandem with Apple’s Siri virtual assistant. The announcement was made at this year’s Consumer Electronics Show (CES) 2019 in Las Vegas, the world’s largest and most influential technology event. According to the announcement, the new offering is…
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Cochlear and GN Hearing Announce New, Expanded Partnership
SYDNEY AUSTRALIA & COPENHAGEN, DENMARK — Hearing implant maker, Cochlear, and GN announced today that the two companies have signed an agreement to significantly expand their Smart Hearing Alliance collaboration. The Smart Hearing Alliance was established in 2015 to develop integrated hearing solutions – giving hearing aid and cochlear implant recipients access to the latest…
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GN CEO Says Company “Not Looking” to Acquire Retail Chains; Announces Sale of Otometrics to Natus (UPDATE)
BALLERUP, DENMARK — According to a September 26 Reuters’ article, GN ReSound CEO Anders Hedegaard was quoted saying that, unlike its competitors, the company is “not looking” to purchase retail businesses. Instead, GN will continue to focus on strengthening partnerships with retail customers. While Sonova and William Demant battle over various global retail acquisitions opportunities, such as recent…
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Brent Edwards, a leading researcher in hearing care, joins EarLens as CTO
MENLO PARK, CA—Brent Edwards, PhD, who during a decade as vice-president for research at Starkey Hearing Technologies and as founder and director of the Starkey Hearing Research Center in Berkeley helped transform the company into an industry technology leader, has joined EarLens Corporation as chief technology officer (CTO). EarLens, a privately held medical device company…
Read MoreManufacturers find many ways to make a big splash at AudiologyNOW!
For a HearingHealthMatters.org exclusive report on the 25th and, very possibly, final Audiology Trivia Bowl, follow this link. By David H. Kirkwood ORLANDO–No matter how much they complain about the costs of exhibiting, the rules and restrictions imposed on them, and the scant appreciation and respect they feel they get from the American Academy of…
Read More“Reality TV” comes to the hearing center
LAWRENCEVILLE, NJ—Bravo has not (yet) found room on its schedule for The Real Audiologists of Hennepin County or Desperate Dispensers, and it will be a while yet before the nation gets to watch Snooki’s newborn being screened for hearing loss. However, what is loosely referred to as “reality television” really did pay a visit to…
Read MoreLegal victory lifts prospects for ReSound
COPENHAGEN—GN Store Nord A/S, parent company of ReSound, will receive a payoff of approximately $530 million, as its share in a settlement reached between Polish Telekomunikacja Polska SA (TPSA) and the Danish consortium DPTG, in which GN holds a 75% interest. TPSA’s payment will resolve a decade-long dispute over revenues from the Polish telecommunications company’s…
Read MoreReSound names a new president
BLOOMINGTON, MN–ReSound, one of the largest hearing aid manufacturers in the U.S., has appointed Kimberly Herman as its new president. Herman brings with her more than 20 years of experience in healthcare industry. However, unlike many presidents of hearing aid companies, she is a newcomer to the hearing industry. Prior to joining ReSound, Herman held…
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