Tag: GN

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GN to Purchase SteelSeries, Take Billion-dollar Leap into Gaming

GN reports it has signed an agreement to acquire SteelSeries, a global e-gaming gear developer for a total purchase price of $1.24 billion (DKK 8.0 billion) in cash. The purchase brings the company's Audio division squarely into the gaming market in competition with companies like Logitech, HyperX (HP), and Razer.

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GN Store Nord Releases 2018 Annual Report

Organic revenue growth was 13% based on what the company said was strong execution in both GN Hearing and GN Audio. EPS increased 15%. With important product launches during the year, GN reports that is “well-positioned for 2019 and beyond.”

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GN ReSound, William Demant Settle All Patent Disputes

GN ReSound A/S and William Demant Holding A/S, both in Denmark, jointly announced that they have reached an agreement to settle all patent disputes between the two companies, thereby terminating all patent litigations—in Europe, including Denmark, and in North America—with immediate effect.

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