Tag: Demant

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Oticon Appoints Jacob Winter as VP of Marketing

In his new role, Winter will lead Oticon’s product strategy, digital strategy, and communication and campaign strategy. He joins Oticon, Inc from Demant headquarters in Denmark, where he served as director, commercial operations.

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Demant Makes Investment in Chinese Hearing Aid Clinic Network

Demant announced that it has completed the acquisition of 20% of the shares in ShengWang, a network of hearing aid clinics in China with around 500 shops across the country. The investment allows Demant to “further strengthen its position in the large, fast-growing Chinese hearing aid market where ShengWang has high ambitions for continued expansion.”

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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.

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.

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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.

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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.

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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.

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Danish Drama: GN & WDH’s Patent War

Big drama engulfs the Big 6 lately, as top management at US hearing aid companies are forced out, either falling on their swords or being escorted from buildings by security. The real Big 6 drama, however, is the slow, fight-to-the-death that is playing in US and Danish courtrooms, starring two Danish hearing aid manufacturers in a high-stakes patent war.

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