Oticon
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Oticon is a Danish hearing aid manufacturer based near Copenhagen in Denmark. The company is a subsidiary of Demant A/S. It was founded in 1904 by Hans Demant, whose wife was hearing impaired.
Oticon has branches in several countries, including a production plant in Poland, with more than 3,000 employees worldwide.[1] The company claims to be the world's second-largest manufacturer of hearing aids, and it uses a management style known as "spaghetti organization",[2][3] which was introduced by Lars Kolind[4][5][6] under his leadership between 1988 and 1998.[7][8][9]
Oticon Medical
Oticon Medical is a sister company of Oticon, both being subsidiaries of the Demant Group.[10] Whereas Oticon specialises in hearing aids, Oticon Medical specialises in hearing implants and released its first products in 2009.[11] The company's Ponto bone conduction implant is now in its fifth generation.[12]
In 2013, Oticon Medical acquired Neurelec, a French producer of cochlear implants.[13]
In April 2022, Demant announced it had agreed to sell Oticon Medical to Australian company Cochlear Limited for DKK850 million and would exit the hearing implant business.[14]
References
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External links
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- Oticon's official website
- Oticon's official UK site for NHS (Oticon NHS), which includes information and training resources for NHS hearing care professionals and the general public
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