Summary: inHearing Technology, a subsidiary of Jinghao Medical, has acquired Intricon‘s hearing health business, integrating its advanced technologies to expand innovation in the OTC hearing aid market.

Takeaways:

  1. Strategic Acquisition: inHearing Technology acquired Intricon to strengthen its expertise in hearing aid algorithms and firmware development, enhancing product offerings.
  2. Innovation Focus: Jinghao Medical aims to integrate Intricon’s advanced hearing solutions into the growing OTC market, driving further technological advancements.
  3. Global Expansion: Leveraging Intricon’s global reach and 47 years of experience, Jinghao Medical seeks to better serve the evolving needs of the hearing industry.

Intricon’s hearing health business has been acquired by inHearing Technology, a wholly-owned subsidiary of Huizhou Jinghao Medical Technology Co.

For more than four decades, Intricon has specialized in the design, development, and manufacturing of advanced hearing solutions across the United States, Asia, and Europe. 

Through this acquisition, Jinghao Medical Technology seeks to integrate Intricon’s advanced algorithms and technologies into the OTC hearing aid market. By harnessing Intricon’s expertise and global reach, Jinghao aims to expand on Intricon’s legacy, driving further innovation to better serve the evolving needs of the industry, the company says. 

“We are excited to announce the acquisition of Intricon’s hearing assets. With this strategic move, Jinghao Medical is furthering its vertical integration to enhance our expertise in firmware and algorithm development, creating even more advanced hearing aid technology,” says Shine Wang, CEO of Jinghao Medical. “Intricon has made significant contributions to the hearing industry, and with the acquisition complete, Jinghao will place an even stronger focus on advancing hearing technologies.

“We are pleased to support the hearing market through our acquisition of Intricon’s hearing assets,” says Zhihui Xiong, PhD, CEO of inHearing. “Our continued focus on advancing audiology algorithms, firmware, and hybrid hearing-aid chips, combined with Intricon’s 47 years of proven expertise, positions inHearing to deliver even more innovative and high-quality hearing solutions to the industry.”

Photo: inHearing Technology Inc.