william demant oticon otc

Oticon OTC Hearing Aids? William Demant Says it May Make OTC Devices if US Demand Develops

William Demant Holdings, one of the world’s largest hearing aid manufacturers, said it could start producing less expensive Over-The-Counter (OTC) hearing aids for the U.S. market if demand increases after the OTC legislation goes into effect. North America represents the largest and most lucrative market for Demant, the parent company to well-known hearing aid brand…

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Analyst: If Enacted, Trump’s Proposed Mexican Tariffs Could Negatively Impact William Demant

William Demant Holdings, one of the world’s largest hearing aid manufacturers, could be negatively impacted if Donald Trump’s new administration makes good on his claims that the United States needs a “border tax” on goods entering the US from Mexico. According to analyst Michael Friis Jørgensen, in comments to the Danish publication, EuroInvestor, the company…

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William Demant Group Opens New R&D Facility in Poland

WARSAW, POLAND — Danish hearing aid maker, William Demant Group, announced the opening of its new Demant Technology Centre in Poland. The new facility will house the company’s software Research and Development (R&D) division. The location in the new Q22 office building in Warsaw will also house other Demant companies, such as Oticon’s Polish subsidiary, Oticon Polska. The announcement of the new R&D…

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Oticon, Inc. Announces Gary Rosenblum as New President

SOMERSET, NEW JERSEY — Gary Rosenblum has been named the new President of Oticon, Inc., effective today. He succeeds Peer Lauritsen, who retired following more than 40 years of service to the company. Rosenblum, while an outsider to the hearing aid industry, joins the company with an extensive background in consumer-driven medical devices. He most recently served as Vice…

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Sonova Acquires European AudioNova in Largest Ever Hearing Aid Retail Deal

Sonova announced on May 4 the acquisition of European behemoth, AudioNova, for € 830 million ($954 million). It is reported to be the largest transaction ever in the hearing aid retail market and makes Sonova-owned retail approximately the same size as retail leader, Amplifon.  Following this acquisition, Sonova will have over 3,300 stores worldwide with…

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Amplifon Bidding for AudioNova: Bloomberg Report

MILAN, ITALY — According to an April 1 report in Bloomberg, Amplifon SpA has secured financing for a bid for major European hearing aid retailer AudioNova. Amplifon, which owns major US hearing aid retailer Miracle Ear, as well as the Elite Hearing Network, appears ready to compete directly with likely bids coming from major hearing aid manufacturers William…

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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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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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Oticon, SCORE, and the Prince of Denmark honor fighters against hearing loss

SOMERSET, NJ—During an otherwise quiet month in the hearing health care world, a flurry of honors were handed out in August, including a dozen to the winners of Oticon’s 18th annual Focus on People Awards. During an August 14 ceremony at Oticon, Inc.’s US headquarters in New Jersey, the company paid tribute to 12 people…

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