ST. PAUL, Minn.,
Sept. 17,
2024 /PRNewswire/ -- inHearing Technology
Inc., a wholly-owned subsidiary of Huizhou Jinghao Medical
Technology Co., Ltd., announced on September 11, 2024, the acquisition of
Intricon's Hearing Health Business.
For more than four decades, Intricon Inc. has been a pioneer in
the hearing health industry, specializing in the design,
development, and manufacturing of advanced hearing solutions across
the United States, Asia, and Europe. Their leadership in hybrid chip
technology has established them as a key player in the global
hearing device market, driving innovation and setting new standards
in hearing health care.
Through this acquisition, Jinghao Medical Technology
seeks to integrate Intricon's advanced algorithms and
technologies into the OTC hearing aid market. By harnessing
Intricon's expertise and global reach, Jinghao aims
to expand on Intricon's legacy, driving further innovation
to better serve the evolving needs of the industry.
Shine Wang, CEO of Jinghao Medical, shared:
We are excited to announce the acquisition of Intricon's hearing
assets. With this strategic move, Jinghao Medical is
furthering its vertical integration to enhance our expertise in
firmware and algorithm development, creating even more advanced
hearing aid technology. Intricon has made significant
contributions to the hearing industry, and with the acquisition
complete, Jinghao will place an even stronger focus on
advancing hearing technologies.
Dr. XIONG Zhihui, CEO of inHearing,
shared:
"We are pleased to support the hearing market through our
acquisition of Intricon's hearing assets. Our continued focus on
advancing audiology algorithms, firmware, and hybrid hearing-aid
chips, combined with Intricon's 47 years of proven expertise,
positions inHearing to deliver even more innovative and
high-quality hearing solutions to the industry."
Media contact:
inHearing Technology Inc
Address: 2038 Ford Pkway 508, Saint
Paul, MN 55116
Phone: +1 (651) 369-9360
Fax: +1 (651) 661-7719
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SOURCE Huizhou Jinghao Medical Technology Co., Ltd