Amplifon to Acquire GN Hearing in $2.6 Billion Deal
The acquisition aims to create a vertically integrated audiology company by combining GN’s manufacturing and R&D with Amplifon’s global retail network.
The acquisition aims to create a vertically integrated audiology company by combining GN’s manufacturing and R&D with Amplifon’s global retail network.
GN is donating a portion of proceeds from its top-level hearing aids sold in the U.S. in February to the GN Hearing Scholarship fund.
GN Hearing and Soundly have partnered on the "World of Sound" digital art project to promote awareness on hearing health and protection, aimed to create a more informed public around the importance of hearing health through visual representations of sound.
GN Hearing announced the launch of ReSound Omnia – a new hearing aid platform that will “set a new standard in hearing technology and improve how people interact with the world around them.” According to the company, ReSound Omnia provides “significantly better hearing in noisy environments than any previous ReSound hearing aid.”
Read MoreAccording to the company, these hearing aids provide “all day use, streaming from iPhone and iPad or Android smartphones, and comfort with superior sound quality, in a stylish design.” Custom made by ReSound hearing aids offer “medical-grade, customized, full-time hearing support and care,” whereas the recently launched Jabra Enhance Plus is intended for “people needing occasional hearing support.”
Read MoreThe theme of this year’s three-day event was centered around being “Independent Together” to celebrate the collaboration and achievements of Beltone’s independent network of businesses.
Read MoreGN announced its 2022 Interim Report Q1, which includes results from GN Store Nord, GN Audio, and GN Hearing.
Read MoreMergers and acquisitions came back strong in 2021 after the pandemic, and M&As have started strong in 2022.
Read MoreAn 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.
Read MoreWireless 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.
Read MoreGN 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.”
Read MoreGN 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.
Read MoreGN Hearing has acquired a controlling interest in online hearing care provider Lively, obtaining a 91% ownership stake in the company for $94.8 million.
Read MoreReSound 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.
Read MoreGN 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.
Read MoreGN 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.
Read MoreGN 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.
Read MoreThe 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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