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Category: Cochlear ImplantsSyndicate content

Swiss company to buy former Boston Scientific unit Advanced Bionics

November 9, 2009 by MassDevice staff

Swiss hearing aid maker Sonova to pay $480 million in cash for Advanced Bionics, a year after BSX dumped it for $150 million.

Swiss company to buy former Boston Scientific unit Advanced Bionics

Advanced Bionics, the California company Boston Scientific Corp. bought in 2004 and sold at a loss three years later, agreed to be acquired once again.

This time the suitor is Sonova Holding AG, a Swiss hearing aids and implants maker, which announced it will pay $480 million in cash for AB and its line of cochlear implants.

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