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Sensorion And Hearing Care Leader Sonova Sign Strategic Research Collaboration

Sensorion And Hearing Care Leader Sonova Sign Strategic Research Collaboration
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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 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 ....

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Sonova Holding AG: Sonova announces changes to its Board of Directors

Sonova Holding AG: Sonova announces changes to its Board of Directors
Sonova announces changes to its Board of Directors
Stäfa (Switzerland), February 11, 2021 - Sonova Holding AG, a leading provider of hearing solutions, announces today that its Board of Directors has nominated Greg Behar and Roland Diggelmann as new Board members for election at the next Annual General Meeting (AGM) in June 2021. At the same time, Beat Hess, Vice Chair and member of the Board of Directors since 2012, will retire from his position for age reasons. In addition, Michael Jacobi will not stand for re-election at the 2021 AGM, having served as a member of the Board of Directors since 2003 and as Chair of the Audit Committee from 2004 to 2019. ....

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Sonova Invests €5 Million in Sensorion as the Companies Plan a Collaboration in Hearing Loss

Share:
Sonova invests at €1.70 per share, to hold circa 3.7% stake in Sensorion
Companies signed a letter of intent relating to a collaboration to develop new solutions for hearing loss
Regulatory News:
Sensorion (Paris:ALSEN) (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat and prevent within the field of hearing loss disorders, announces that Sonova Holding AG (headquartered in Switzerland), a leading provider of hearing solutions, will acquire a 3.7% ownership stake in Sensorion by way of subscription to a reserved share capital increase for total gross proceeds of €5 million.
Sensorion and Sonova plan a strategic collaboration in the field of innovative diagnostic and therapeutic solutions for certain types of hearing loss. To this effect, Sonova and Sensorion signed a letter of intent dated December 14, 2020 providing for an exclusive period of negotiati ....

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