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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 would focus on the professional business in the future while seeking a partner for the Consumer Electronics 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 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 in the future while seeking a partner for the Consumer Electronics business. Consumer Electronics products from Sennheiser stand for the best sound and a unique audio experience. With the takeover of the Sennheiser Consumer business, Sonova is adding headphones and soundbars to its hearing care portfolio, which includes hearing aids and cochlear implants, among other hearing s ....
Sonova acquires German audio brand Sennheiser s consumer biz By IANS | 5 Views Sonova acquires German audio brand Sennheiser s consumer biz. Image Source: IANS News New Delhi, May 7 : Swiss hearing care solutions provider Sonova has acquired the consumer electronics business of German audio brand Sennheiser for an undisclosed sum, the companies announced on Friday. 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 in the future while seeking a partner for its consumer electronics business. We couldn t have asked for a better partner than Sonova for our Consumer Electronics business, said Daniel Sennheiser, co-CEO at Sennheiser. ....
Sennheiser sells off its consumer brand Long-running German audio company Sennheiser today announced that it has found a buyer for its consumer brand. Swiss holding company Sonova a giant in the hearing aid business will be acquiring the brand in a deal expected to close by end of year. The deal will bring headphones and sound bars to Sonova’s existing portfolio, which is largely centered around healthcare products. Among other things, however, the deal could have interesting implications for the so-called hearables category, which can walk the line between headphones and healthcare products. Sennheiser, meanwhile, will shift the entirety of its focus to its pro products. ....
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 soundbars to its portfolio, which currently comprises hearing aids and cochlear implants. The move will allow Sennheiser to concentrate its resources on the Pro Audio, Business Communications and Neumann business areas. In these three business units, the company says it plans to continue to grow ‘at an above-average rate under its own power and to expand its already strong position in the global market.’ ....