Sonova Holding AG (SIX:SOON) and semiconductor maker Semtech said today they jointly developed a new advanced radio system intended for use in Sonova’s hearing aids. The new technology, an ultra-small integrated circuit, will serve as the main component in a new generation of hearing aids and enable support for multiple radio protocols in the 2.4GHz band, […]
JenaValve names Kilcoyne as CEO | Personnel Moves – January 15, 2019
JenaValve Technology said today that it named former ReVision Optics prez & CEO John Kilcoyne as its new chief executive officer, effective immediately, replacing Dr. Victoria Carr-Brendell, who has taken up an executive leadership position with Sonova Holding AG (SIX:SOON). Prior to his time at ReVision Optics, Kilcoyne served as prez & CEO at Micrus Endovascular where he […]
Sonova licenses Ceva’s RivieraWaves Bluetooth tech for Sword 3.0 hearing aid chip
Sonova Holding AG (SIX:SOON) has inked a deal to license Ceva’s RivieraWaves Bluetooth intellectual property for use in its Sword 3.0 wireless hearing aid chip, Ceva said today. The licensed RivieraWaves Bluetooth IP platform consists of a hardware baseband controller and software protocol stack and will help power the Sword 3.0, which Sonova touts as the […]
Advanced Bionics wins FDA nod for MRI-safe HiRes Ultra 3D cochlear implant
Sonova Holding AG (SIX:SOON) subsidiary Advanced Bionics said yesterday that it won FDA approval for its HiRes Ultra 3D cochlear implant. The newly approved implant is cleared for use during magnetic resonance imaging examinations as it features a new magnet design which provides alignment with an external magnetic field in any direction. The magnet allows users […]
Advanced Bionics to connect cochlear implants to cell phones, TVs using Sonova’s chip tech
Advanced Bionics said today that it plans to integrate Sonova‘s Sword chip and wireless radio tech into its sound processors. Sonova’s technology can connect hearing devices to almost any kind of cell phone, the company explained, without the need for an extra streaming device. “By offering a solution to the entire market – including the […]
Sonova falls short of full-year targets, shares plunge
(Reuters) – Swiss hearing aid maker Sonova missed full-year targets and lowered its sales outlook on Wednesday, suggesting it could take some time to reap benefits from this month’s acquisition of AudioNova, sending its shares sharply lower. Sonova has been hurt by slower than expected growth for its U.S. cochlear implant business and by customer […]
Sonova buys AudioNova in $953m deal
(Reuters) — Swiss hearing aid maker Sonova Holding AG (SIX:SOON) is buying Dutch-based AudioNova for €830 million ($953 million), its largest acquisition, to expand a network of European stores where it will jettison rivals’ products in favor of its own. The cash deal to buy AudioNova from Curacao-based investment company HAL Holding N.V. will add 1,300 […]
Advanced Bionics launches Naída CI Q90 sound processor
Sonova Holding AG‘s (SIX:SOON) subsidiary Advanced Bionics said today it launched its FDA and Health Canada cleared Naída CI Q90 sound processor in North America. The Q90 is the newest release from Advanced Bionic’s Naída line of cochlear implants, and offers the company’s smallest battery to date and new microphone technology that focuses on speech. […]
Sonova dives on slumping 1st half earnings
Sonova Holding AG (SIX:SOON) saw shares plummet as it cut its fiscal year guidance after releasing disappointing 2nd quarter earnings related to weak cochlear implant sales. Guidance for sales for the year dropped from 7-9% to 6-8% and earnings before interest, taxes and amoritisation were dropped significantly from 9-13% to 3-7%. Shares have dropped roughly […]
Sonova to move Swiss jobs and freeze pay to counter franc’s surge
