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 aids and cochlear implants, thus this will be a huge boost to the company's lineup and a completely new direction for it to take within the consumer market moving forward.