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Sonova acquires Sennheiser consumer business

Sonova acquires Sennheiser consumer business Tuesday, 11 May 2021 Sennheiser will now concentrate on the pro audio, business communications and Neumann business areas Europe - Sennheiser and the Sonova Holding AG with headquarters in Stäfa, Switzerland, have confirmed their future cooperation under the Sennheiser brand. The global provider of medical hearing solutions will fully take over Sennheisers Consumer Electronics business. Subject to regulatory approval, the plan is to complete the t...
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Sennheiser acquired by hearing aid maker Sonova- Business News

Sennheiser acquired by hearing aid maker Sonova Sennheiser has been acquired by Sonova, a Swiss company known for its medical audio and hearing aid products. Akarsh Verma | May 9, 2021 | Updated 16:28 IST Highlights Sennheiser’s consumer electronic division has been bought by Sonova for €200 million. Sennheiser had announced back in February that it was looking for a buyer for its consumer business. The company’s consumer business turnover was around €756.7 million in 2019. A few months ag...
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Sennheiser acquired by hearing aid maker Sonova

Sennheiser acquired by hearing aid maker Sonova Akarsh Verma A few months ago, Sennheiser made the surprising news that it was looking to let go of its consumer division by looking for a buyer. Now Sennheiser has announced that Switzerland-based Sonova Holding AG has acquired its consumer audio division. Sonova, which is best known for producing medical-grade hearing aids, has agreed to pay Sennheiser 200 million (Rs. 1780 cr.) for the business. According to Sennheiser, its cons...
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Source: msn.com

Weekly Bytes | Intel's $3.5 billion expansion plan, Google's Entertainment Space, and more

Updated: Heres our curated list of important tech news from this week in byte size. Share Article AAA Workers at Fab 11x at the Intel Rio Rancho campus in New Mexico help develop and manufacture technologies that optimise semiconductor packaging, memory and connectivity.   | Photo Credit: Intel Heres our curated list of important tech news from this week in byte size. (Subscribe to our Todays Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Intel�...
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Sonova acquires Sennheiser Consumer Business

Sonova acquires Sennheiser Consumer Business Both companies will work together under the Sennheiser brand in the future May 07, 2021 Sennheiser and the Sonova Holding AG with headquarters in Stäfa, Switzerland, today announced their future cooperation under the Sennheiser brand. The global provider of medical hearing solutions will fully take over Sennheisers Consumer Electronics business. Subject to regulatory approval, the plan is to complete the transfer of the business to Sonova by the...
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Sonova acquires Sennheiser Consumer Electronics business - Audio Media International

Sonova acquires Sennheiser Consumer Electronics business 7th May 2021 Swiss-based medical hearing solutions provider Sonova Holding AG has acquired Sennheiser’s consumer electronics business.  Subject to regulatory approval, the plan is to complete the transfer of the business to Sonova by the end of 2021. Sennheiser announced in February that it planned to focus on its professional business divisions while seeking a partner for its CE arm. The takeover allows Sonova to add headphones and so...
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