sivantos un cop report

Sivantos reports progress on sustainability as member of UN Global Compact

  As a signatory of the UN Global Compact, the world’s largest corporate sustainability initiative, each participating company is obligated to report yearly the progress it has made on the matter. Today, and for the second time, Sivantos presents its “Communication on Progress” (COP). The United Nations has designed 17 Sustainable Development Goals (SDG) that…

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signia hear america

Signia Offers Free Hearing Screenings Nationwide in Support of Better Hearing Month

PISCATAWAY, NEW JERSEY — In support of Better Hearing Month, which takes place in May of each year, hearing aid maker Signia has announced a new outreach initiative: Hear Across America. Throughout the month of May, select Signia-affiliated hearing care professionals nationwide will provide free hearing screenings and education to members of their local communities.…

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ws audiology widex sivantos

Sivantos and Widex Merger Complete: New Company to Operate as WS Audiology

SINGAPORE AND LYNGE, DENMARK — EQT funds, owners of Sivantos Pte. Ltd. (“Sivantos”), and the Tøpholm and Westermann families, owners of Widex A/S (“Widex”), have announced the successful completion of the merger between Sivantos and Widex. The newly created company will operate under the name WS Audiology and be headquartered in Lynge, Denmark and Singapore.…

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widex sivantos merger approved

Widex and Sivantos Merger Receives Final Clearance from European Commission

SINGAPORE AND LYNGE, DENMARK — It was announced today that the European Commission has approved, under the EU Merger Regulation, the proposed merger between Sivantos Pte. Ltd. (“Sivantos”), owned by EQT funds, and Widex A/S (“Widex”), owned by T&W Medical A/S. According to the announcement, the Commission concluded the merger would raise no competition concerns.…

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sivantos widex hearing aid merger

Widex-Sivantos Merger Delayed: Companies Withdraw EU Application

COPENHAGEN, DENMARK — According to a Reuters report on November 6, and also reported in other media outlets, the “Big 6” hearing aid makers Widex and Sivantos have withdrawn their application for the European Commission to approve their planned $8.2 billion merger. Despite withdrawing their application, the companies state that they are committed to completing…

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signia styletto starkey livio

Signia and Starkey Launch Innovative New Products

On August 27, Starkey, a Minnesota-based hearing aid manufacturer, announced the launch of Livio AI. It is a receiver-in-the-canal (RIC) hearing aid that uses artificial intelligence to translate 27 foreign languages in real time. The new product, which Starkey is calling a wearable, also tracks both your physical and mental health. Livio AI is touted…

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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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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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