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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 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 had announced in February that it ...

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 ago, Sennheiser made the surprising news that it was looking to let go of its consumer division by loo...

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 consumer audio business turnover for 2019 was 756.7 million (Rs. 6750 cr.) Sonova is known for hearing a...

Updated: Here's 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 Here's our curated list of important tech news from this week in byte size. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Intel’s $3.5 Billion expansion plan in New Mexico Intel said on Monday it will invest $3.5 billion to...

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 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 had announced in February that it would focus on the Professional business...