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GN Jabra Enhance Plus Earbuds Now Available OTC

GN announced that the Jabra Enhance Plus hearing enhancement earbuds are now available over the counter (OTC). This follows the US Food & Drug Administration’s (FDA) new regulation establishing an OTC hearing aid category, which is now in effect.

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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GN Reports Solid Organic Revenue Growth for Q3; Concludes Financial Fraud Investigation of Beltone

GN reports that full year organic growth and EBITA guidance are maintained for GN ReSound and GN Netcom, with growth likely ending in the low end of the 3%-5% organic growth range. The investigation regarding the accounting fraud committed by the former VP of Finance at Beltone has now been finalized, and confirms what was communicated in the Interim Report Q2 2015. Teleconference scheduled for today (Oct. 30) at 2:00 PM CET.

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Todd Murray Resigns from GN and Beltone

Todd Murray, a well-respected and long-time leader in the hearing industry, has decided to resign from his position as president of Beltone and GN North America senior vice president. GN says it respects his decision and wishes him the best in his future endeavors.

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