GN Announces Divestment of Danish Hearing Aid Retailer
GN announced the divestment of Dansk HøreCenter to Demant, aligning with its strategy to focus on independent hearing aid dispenser.
Tag: GN Hearing
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GN Signs Deal to Divest BelAudição
GN signed an agreement to divest Portuguese hearing aid retailer BelAudição, Unipessoal Lda (“BelAudição”) to MCH Private Equity.
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GN Releases Company’s Interim Report Q2 2022
GN announced in its Interim Report Q2 2022 that GN Store Nord in Q2 2022 delivered 29% revenue growth of which 8% was organic, driven by strong Enterprise and Hearing performance.
Hearing Aid Shipments to Russia Disrupted Due to Invasion of Ukraine
An article in MedWatch today notes the disruptions in trading created by Russia’s invasion of Ukraine. Here are some quotes from hearing aid manufacturers and their chief executives on the situation.
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CES 2022 and OTC Hearing Aids
Wireless earbuds and innovative audio solutions were one of the predominant themes of this year’s Consumer Electronics Show (CES) in Las Vegas. Here are HR Editor Karl Strom’s three takeaways from CES2022 regarding innovation and the upcoming OTC hearing aid category.
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GN Hearing Releases ReSound One BTE Models
GN Hearing announced the launch of the ReSound ONE Behind-the-Ear models — hearing aids said to “provide clarity in sound and convenient hands-free phone and FaceTime calls from iPhone and iPad.”
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GN Hearing to Donate to Scholarship Fund in February
GN Hearing announced that it will donate $5 to the GN Hearing Scholarship for every ReSound ONE, Beltone Imagine, and Audigy AGX hearing aid sold in February, Black History Month.
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GN Hearing Acquires Online Hearing Care Provider Lively
GN Hearing has acquired a controlling interest in online hearing care provider Lively, obtaining a 91% ownership stake in the company for $94.8 million.
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ReSound ONE Hearing Aids to Offer Hands-free Calling
ReSound ONE users will be able to answer calls with a tap on their hearing aids and enjoy conversations with “outstanding sound quality — all without ever having to take their device out of their pocket,” according to the company’s announcement.
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GN Hearing Scholarship Winners Announced
GN Hearing announced that Shamine Alves and Darchayla Lewis have been named the first recipients of the GN Hearing Scholarship. Both are seniors pursuing degrees at Hampton University in Virginia in the Communicative Sciences and Disorders program.
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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 Hearing to Delay Key 2021 Product Launches, Restructure R&D
GN Hearing, the parent company of ReSound and Beltone, announced in a profit warning that it is experiencing delays in product development deliverables leading to postponement of key product launches planned for H2 2021. The company has decided to initiate a transformation of R&D with the objective to increase quality, predictability of delivery times, and R&D efficiency.
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Hearing Tracker Releases ‘2021 Hearing Industry Map’
The 2021 Edition of the Map is the latest in a longstanding series of diagrams that illuminates the hidden connections between hearing aid manufacturers and their subsidiaries.
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GN Hearing Creates Scholarship Fund for Black Students
GN Hearing announced the creation of a scholarship fund to be awarded to Black students pursuing a career in audiology and hearing sciences, with a focus on students attending a Historically Black College or University (HBCU).
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GN Hearing Launches ReSound Key
ReSound Key helps to further enhance the individualized hearing experience and can connect to a range of wireless accessories for additional help in challenging listening situations.
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EHIMA Appoints Eric Bernard as President
After a two-year term, Demant A/S CEO Søren Nielsen hands over the EHIMA Presidency to Eric Bernard, CEO of WS Audiology, the company formed from the merger between Sivantos and Widex in 2019.
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GN Releases Its Interim Report for Q3 2020
The report includes GN Store Nord A/S, GN Store Nord, GN Hearing, and GN Audio.
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New CFOs & VP of Investor Relations Announced for GN Store Nord A/S and GN Hearing
Current GN Audio CFO Peter Gormsen will replace Marcus Desimoni as CFO of GN Store Nord. Gormsen will remain CFO of GN Audio, and Desmoni will remain active as part of GN’s Strategy Committee. Other promotions include Morten Toft to CFO of GN Hearing, and Henriette Wennicke to VP of Investor Relations & Treasury.
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