published May 07, 2021. Currently, a total of around 600 Sennheiser employees works for the Sennheiser consumer business. - HD 414 - The 70s Bestseller,Sennheiser could sell its consumer . swiftly sells off beloved audiophile headphone business ,Sennheiser Headphones Will No Longer Be Affiliated With Sennheiser ,Sennheiser Sold to Sonova: What,Sennheiser No Longer Making Headphones? The Sennheiser Consumer Division, which concentrates on the business of headphones and hearables for private customers, is an excellent fit with Sonova's strategy to lead innovation in . The model sits between the flagship IE 900 and the IE 300 earphones, both launched in 2021, all designed for music enthusiasts that remain indifferent to wireless options and still believe "the tiniest details count." In 2019, the Sennheiser Group generated sales of 573.5 million Euros. Sennheiser announced it was looking for a buyer for its consumer electronics division in February.. May 7, 2021 HHTM. According to Sennheiser, its consumer audio business turned over . For more information please visit www.sonova.com and www.hear-the-world.com. Sennheiser had actually indicated their interest in selling off their consumer division earlier this year, and it seems that about 2-3 months later they found themselves a buyer. Sennheiser has sold its consumer audio division. Sennheiser has sold its consumer electronics division to a Swiss company called Sonova that specializes in hearing care, Sennheiser has announced.Engadget reports: Sonova said it made the 200 million euro ($241 million) deal to expand its aging demographic to younger customers, particularly in the wireless in-ear segment. It has been stated that Sonova will cater to the audiophile segment. For the employees who will transfer to Sonova, the move to the internationally operating and well-positioned company, headquartered in Switzerland, opens up very good opportunities for the future. The Sennheiser 414 also delivered a different kind of sound, with a wider soundstage that gave recordings more of a live feel. No no. "Even if they don't have hearing loss, most of them will gradually get . Hearing aids.. rip Sennheiser Sennheiser provides support for your product in many ways. SONOVA ACQUIRES SENNHEISER CONSUMER BUSINESS May 07, 2021 Dear customers, partners and friends, In mid-February, we announced that we are looking for a partner for our Consumer business with the aim of concentrating our own efforts on the three business units in the Pro business. Arnd Kaldowski, CEO of Sonova So the gaming division was sold to Demant A/S in 2019, and now the consumer division to Sonova Holdings AG in 2021. Currently, a total of 600 Sennheiser employees work for Sennheiser's consumer business. According to Reuters, the planned purchase is a play by Sonova the world's . German audio giant Sennheiser has announced that it is selling its consumer business to focus entirely on the professional market. Who created Neumann microphones? In 2021, Sennheiser sold its consumer audio division to the Swiss based hearing aid manufacturer Sonova Group. Sennheiser has announced that it is selling its consumer division to Sonova. Sennheiser has sold off its consumer electronics division, which includes the company's portfolio of excellent headphones. an estimated 10 million pairs sold worldwide, the HD 414 became the best-selling headphone of all time. Who knows . Jun 11, 2021. this contract was made in advance and sonova is planning to have sennheiser continue operations as normal. Sounds like Sonova can do as it pleases going forward, having full ownership of this business unit. Subject to regulatory approval, the plan is to complete the transfer of the business to Sonova by the end of 2021. It was a sound that the public liked. LoginAsk is here to help you access Sennheiser quickly and handle each specific case you encounter. Sennheiser is now part of Sonova. Jun 15, 2021 #1 You may want to purchase your Senheiser product sooner rather than latet. ADVERTISEMENT Sonova acquires Sennheiser's consumer division Sennheiser sold to Sonova? The result? "And not to worry, your HD 650 will continue to exist . Sennheiser and the Sonova Holding AG with headquarters in Stfa, Switzerland, today announced their future cooperation under the Sennheiser brand. The Swiss manufacturer of hearing aids acquires Sennheiser's consumer headphone and soundbar business. The deal is scheduled to be completed within 2021. Sennheiser has produced headphones in places other than Germany long before being sold to Sonova. However, Sennheiser sold its consumer audio business to Sonova in 2021. The withdrawal of my consent shall not affect the . An unexpected move that sounded like the end of an era, but in the end the catalog remained, almost, untouched . Sonova said it made the 200 million euro ($241 million) deal to expand its aging demographic to younger customers, particularly in the wireless in-ear segment. The 200 million ($243m) deal will earn Sonova ownership of the Sennheiser brand and product lineup, subject to a successful transfer by the end of 2021. Sennheiser consumer audio brand sold to Sonova Ray Shaw Audio Visuals Headphones Soundbars May 10, 2021 1 min read The German Sennheiser consumer audio brand has found a new home at Swiss-based Sonova that makes hearing care devices. As Sennheiser announced today, a Swiss investor has acquired the consumer headphone segment. The Sennheiser Brand Will Live On Through Sonova The global provider of medical hearing solutions will fully take over Sennheiser's Consumer Electronics business. Sennheiser will sometimes glitch and take you a long time to try different solutions. Yet, in 2021, Andreas and Daniel Sennheiser decided to sell the consumer electronic division (AKA audio and audiophiles headphones) to Sonova - a Swiss brand specialized in aid-hearing devices - and focus on their pro division. I can withdraw my consent at any time. The buyer is Sonova, a Swiss-based business specializing in . Interview: Sennheiser CEO sees consumer audio sale as big step for hearables. Sonova, hearing care portfolio includes hearing aids, cochlear implants, and other hearing solutions. Sennheiser | Sonova International Sennheiser Sennheiser consumer products cover four segments: premium headphones, audiophile, enhanced hearing, and soundbars, delivering the best possible audio experience. A long-term licensing deal was agreed with Sonova so that the company could use the Sennheiser brand going forward. The cost was 200 million euros. An extraordinary alliance that shows new quality products under the Sennheiser brand. Stfa (Switzerland), May 7, 2021 - Sonova Holding AG, a leading provider of hearing solutions, has signed an agreement to acquire the Consumer Division from Sennheiser electronic GmbH & Co. KG (Sennheiser). Sonova just completed their acquisition this march 2022 and will be operating under the Sennheiser brand umbrella. Bilbro-Swagginz, 270223991, and 5 others. Subject to regulatory approval, the plan is to complete the . It's now found a buyer: Sonova , a Swiss company that's best known for making hearing aids.. ago It doesn't look like Sonova is fucking stuff up here. Sonova acquires Sennheiser's general public electronics division. Swiss company Sonova well-known for its medical audio products such as hearing aids has this month purchased the consumer electronics division of Sennheiser. Sennheiser has sold it's consumer electronics division to a Swiss company called Sonova that specializes in hearing care, Sennheiser has announced. The deal will not affect other Sennheiser destinations and brands. Really. Your message. Sonova will pay $240 million in cash for the company, with the deal including the use of the Sennheiser brand in perpetuity through a licensing agreement. (Image credit: Sennheiser) Sonova Holding AG, a global provider of medical hearing solutions, is set to take over Sennheiser's consumer electronics business. For more information please visit www.sonova.com and www.hear-the-world.com. The German company that was founded back in 1945 by Prof Dr. Fritz Sennheiser is still an independent family business and the brothers are the third generation of the family to run the company . Sonova is a company that is focused on quality and they don't make headphones themselves so it's not a situation of being bought for the name or anything like that. . Sonova said it made the 200 million. For Sonova,. In a deal worth 200 million, Swiss company, Sonova, will now own. The business - which makes headphones, soundbars and DACs - has been acquired by a Swiss-based medical hearing company called Sonova Holding AG, which specialises in hearing aids and cochlear implants. The new IE 600 earphones are the first product from Sennheiser's consumer division - now part of the Sonova group following the acquisition. Image: Sennheiser Sennheiser has sold its consumer electronics division to hearing aid specialists Sonova for a reported $241 million. Sennheiser will focus in the professional market from now on. Phone Number. The perfect couple. Sennheiser's Consumer Electronics division has been bought by Sonova, a Swiss medical audio equipment manufacturer. The release cycle used to be around 6-7 years between their flagship headphones. The brand will continue to operate in the popular audio segments of headphones. Find out what contact options are available to you. Being a public company, it won't be afraid to trim low-volume, research intensive units like audiophile products. German headphone Company Sennheiser has been sold their consumer business to Swiss Company Sonova who currently manufacture hearing aids and cochlear implants . Arnd Kaldowski, CEO of Sonova, says: "I am very . more_vert. Wedemark, Germany (May 7, 2021)Swiss hearing-care manufacturer Sonova has acquired Sennheiser's Consumer Electronics business.The move comes three months after Sennheiser announced it was searching for a new corporate partner that would take over the consumer divisiona move that would allow Sennheiser to focus on its Neumann, pro audio and business communications business units. The traditional German manufacturer The global provider of medical hearing solutions will fully take over Sennheiser's Consumer Electronics business. Georg Neumann (1898-1976), among the most influential innovators in early microphone manufacturing, was born on October 13, 1898, in Chorin, Germany, some 80km northeast of . (Image credit: Sennheiser) Sennheiser has sold its consumer audio division. Sennheiser's Pro Audio division remains unaffected by the transaction. "A partner who not only shares our passion for audio and a commitment to the highest product quality, but also very similar corporate values," they write. Sonova said it made the 200 million euro ($241 million) deal to expand its aging demographic to younger customers, particularly in the wireless in-ear segment. The focus will be on Hi-Fi sound quality . The entire division, existing and future models, as well as the ability to sell under the Sennheiser name, will go to global supplier of medical hearing aids, Sonova. Sonova completes acquisition of the Sennheiser Consumer Division and forms a new business Stfa (Switzerland), March 1, 2022 - Sonova Holding AG, a leading provider of hearing care solutions, has successfully closed the previously announced acquisition of the Consumer Division from Sennheiser electronic GmbH & Co. KG. The deal is still subject to. By David Richards | 7 May 2021. By acquiring Sennheiser's consumer portfolio, Sonova will now add headphones and sounders to its hearing care range of products, which also includes hearing aids, cochlear implants and other . Also, the products are still being made in the same factory with the same engineers and tooling as before, but combining the research of Sennheiser with Sonova (who focus on . If Sonova plans to develop its consumer electronics division, Sennheiser itself is going to focus on professional technology, business communications and the Neumann subbrand. Swiss holding company Sonova a giant in the hearing aid business will be. Sonova said it made the 200 million. Stfa (Switzerland), May 7, 2021 - Sonova Holding AG, a leading provider of hearing solutions, has signed an agreement to acquire the Consumer Division from Sennheiser electronic GmbH & Co. KG (Sennheiser). The business - which makes headphones, soundbars and DACs - has been acquired by a Swiss-based medical hearing company called Sonova Holding AG, which specialises in hearing aids and cochlear implants. The dale is to be completed later this year. Starting today, we unite our expertise in the field of sounding with Sonova's technology and audiology know-how. Sonova said the purchase price of the division amounts to 200 million ($241 million), and that Sennheiser's business generates revenues of 250 million annually. Sonova, which is best known for producing medical-grade hearing aids, has agreed to pay Sennheiser 200 million for the business. That sounded like the end the catalog remained, almost, untouched it was for! 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