Ida Institute Joins Demant
The Ida Institute, a non-profit organization focused on person-centered hearing rehabilitation care, joined hearing healthcare group Demant.
Tag: Demant
All
Latest
All
Latest
Demant Issues Pre-announcement on Q3 2022 Interim Management Statement
Demant posted a pre-announcement of an Interim Management Statement for Q3 2022 on its website. The company reports group revenue growth of 11% (1% organic) in Q3 due to market share gains in Hearing Aids and Diagnostics.
All
Latest
Demant Appoints Two Executive Board Members
Demant announces that Arne Boye Nielsen, President of Diagnostics and Communications, and Niels Wagner, President of Hearing Care, will join the Executive Board effective April 1, 2022.
Demant Launches High-end Audio Headset Company, EPOS
Demant—the Danish parent group of Oticon, Sonic, and several leading hearing healthcare brands—has launched EPOS, a new high-end audio solutions company that will develop and manufacture headsets used by businesses and gamers.
Read More
Demant Presents Philips Hearing Solutions at 2019 EUHA Congress
Demant has launched a complete range of premium Philips HearLink hearing aids, accessories, and applications which are designed to help people with hearing loss to connect to friends and family, enjoy their favorite music and entertainment, and, ultimately, improve their lives.
Read More
Demant Group Companies Hit by Cyber Attack
Companies in the Demant Group, which include Oticon, Sonic Innovations, and Bernafon, were the victims of a cyber attack that affected their IT infrastructure on September 3. The group was forced to shut down its IT systems across multiple sites and business units to contain the issue last week.
Read More
Philips Hearing Aids Introduced by Demant
The Philips brand portfolio–one of the world’s best known and leading health technology brands–will enter the hearing aid market in a complete range of Philips HearLink premium hearing aids. Demant, the exclusive hearing aid brand licensee of Philips, looks to the potential of addressing new segments on a global scale combining first-class hearing technology with a well-known brand.
Read More
William Demant Reports 6% Growth from Previous Year in 2018 Annual Report
In William Demant’s 2018 Annual Report, the company details consolidated revenue for 2018 of DKK 13,937 million (approximately USD$2.1 billion), corresponding with what they say is a 6% growth rate from 2017. Organic growth was up by 7 percentage points, while acquisitive growth increased by 2 percentage points and exchange rate effects with -3 percentage points.
Read More
Widex-Sivantos EU Merger Application Reopened
The merger is expected to take place in the first quarter of 2019.
Read More
'Bloomberg' Reports Drop in Shares of Three Large Hearing Aid Companies
Shares of three large hearing aid companies—GN Store Nord A/S, William Demant Holding A/S, and Sonova Holding AG—dropped significantly on Monday, according to an article on ‘Bloomberg.’
Read More
‘Bloomberg’ Reports Drop in Shares of Three Large Hearing Aid Companies
Shares of three large hearing aid companies—GN Store Nord A/S, William Demant Holding A/S, and Sonova Holding AG—dropped significantly on Monday, according to an article on ‘Bloomberg.’
Read More
William Demant and Philips Enter into Hearing Aid Branding Partnership
William Demant—parent group of Oticon, Sonic, and Bernafon—has announced a licensing agreement with Philips to bring Philips-branded solutions to hearing healthcare. Combining William Demant’s hearing aid technology with Philips’ global brand presence in healthcare, the cooperation will enrich the hearing healthcare experience and support the healthy lifestyle and active life of even more people with hearing loss, say the companies.
Read More
25 Years of Mergers and Acquisitions in Hearing Healthcare
The hearing healthcare field was recently surprised by the announcement that Widex and Sivantos (formerly Siemens) plan to merge their companies. However, the hearing healthcare industry has always been in constant flux, with many mergers and acquisitions (M&As) during the past 25 years. Here is a select list of industry M&As since 1994.
Read More
Industry Consolidation, Act 2?
It’s possible we will see more major M&As and “Industry Consolidation, Act 2” in the next several years.
Read More
Survival Strategies in a Competitive Hearing Healthcare Market
To formulate any reasonable strategy for thriving in today’s hearing healthcare market, it is useful to understand where we are today, how we got here, and what might come in the future. Part 1 of this 2-part article offers a perspective about how industry consolidation has changed the hearing healthcare market and the current major trends that could influence the future strategies of an independent practice owner.
Read More
Sivantos and Widex Announce Plans to Merge
Sivantos and Widex have agreed to terms for merging the two companies. The combined company—pending what will probably be a long and possibly uncertain regulatory approval process—would position it on par with current global market leaders Sonova and William Demant Holding, with a worldwide market share of around 24-25% and revenues of approximately $1.9 billion.
Read More
Your Hearing Network Appoints Cindy Beyer, AuD, as VP, Contracting and Compliance
YHN is a national network of hearing healthcare professionals with nearly 5,000 affiliates, that allows independent providers to generate and maximize patient opportunities while maintaining practice autonomy.
Read More
Søren Nielsen Appointed New President & CEO of WDH; Niels Jacobsen Named CEO of William Demant Invest
Niels Jacobsen, long-time president and CEO of William Demant Holding (WDH), has decided to step down after 25 years as member of the Executive Board in WDH to become CEO of William Demant Invest A/S. Søren Nielsen, the current COO of WDH, will become the Group’s new president and CEO, with the management changes taking effect April 1.
Read More