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Sivantos
WS Audiology (formerly Sivantos Group and Widex) is a privately-owned manufacturer of hearing aids with headquarters in Denmark and Singapore with roots going back to 1878 and Siemens AG. The current company was created following the 2019 merger of Sivantos Group and Widex. Prior to that, Sivantos was spun off from Siemens after Siemens AG sold the company to EQT and Santo Holding in 2015. WS Audiology employs about 12,000 people in more than 125 countries. In fiscal year 2021-2022, the company generated revenue of €2.35 billion and adjusted EBITDA of €502 million. The company develops, manufactures, sells and distributes hearing aids under the following brands: A&M, audibene, Audio Service, Bloom, Coselgi, hear.com, HearUSA, Lifestyle Hearing Network, Rexton, Signia, Shoebox, TruHearing, Widex and Widex Hearing Specialists. History In 1878, Werner von Siemens built a telephone with a horseshoe magnet, which amplified, and improved voice signal quality. In 1913, ...
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Siemens AG
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to 1 ...
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Widex
Widex A/S is the world’s sixth largest hearing aid manufacturer. In close collaboration with international audiological researchers and specialists, the company has developed a wide range of digital hearing aids. They introduced the world's first commercially available 100% digital in-the-ear hearing aid in 1995 based on the research model developed by Oticon that same year. The Danish company was founded in 1956 by the Tøpholm and Westermann families, and is still owned by the relatives of the company’s original founders. The president and CEO of Widex is Eric Bernard, who was appointed in September 2019. Widex hearing aids are sold in almost 100 countries and the company employs approximately 3,800 people around the world. Widex’s new headquarters are located in Allerød Municipality, Denmark, north of Copenhagen. The new headquarters use groundwater for cooling in the summer and heating in the winter. Widex also placed an energy-generating wind turbine beside the buildin ...
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Lynge, Allerød Municipality
Lynge is a town in the western part of Allerød Municipality, North Zealand, some 30 km north of Copenhagen, Denmark. Today Lynge has grown together with the neighbouring village of Uggeløse into a small urban area with a population of 4,163 (1 January 2022). History The first known reference to the name Lynge is in a gift letter from Canute the Holy to the Bishop Seat in Lund. The reference is to Lynge Herred but hundreds were usually named after settlements.. That the hundred was named after Lynge may indicate that the medieval road from Roskilde to central North Zealand by way of Værebro also passed Lynge. In the 12th and 13th century, the area was dominated by the influential Hvide family. A fortified house, Langesøhus (later referred to as Borre), owned by the family, was in the Middle Ages located south of present-day Uggeløse Skov. The Hvide family seems to have left the area in about 1300. The first known reference to Uggeløse is from 15 October 1252. Administ ...
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Denmark
) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark , established_title = History of Denmark#Middle ages, Consolidation , established_date = 8th century , established_title2 = Christianization , established_date2 = 965 , established_title3 = , established_date3 = 5 June 1849 , established_title4 = Faroese home rule , established_date4 = 24 March 1948 , established_title5 = European Economic Community, EEC 1973 enlargement of the European Communities, accession , established_date5 = 1 January 1973 , established_title6 = Greenlandic home rule , established_date6 = 1 May 1979 , official_languages = Danish language, Danish , languages_type = Regional languages , languages_sub = yes , languages = German language, GermanGerman is recognised as a protected minority language in t ...
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Hearing Instruments
A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers such as personal sound amplification products (PSAPs) or other plain sound reinforcing systems cannot be sold as "hearing aids". Early devices, such as ear trumpets or ear horns, were passive amplification cones designed to gather sound energy and direct it into the ear canal. Modern devices are computerised electroacoustic systems that transform environmental sound to make it audible, according to audiometrical and cognitive rules. Modern devices also utilize sophisticated digital signal processing to try and improve speech intelligibility and comfort for the user. Such signal processing includes feedback management, wide dynamic range compression, directionality, frequency lowering, and noise reduction. Modern hearing aids require confi ...
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EQT Partners
EQT AB Group is a global investment organization founded in 1994. Its funds invest in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific. , EQT's assets under management are €90 billion / US$100 billion. It is ranked the third largest private equity firm worldwide based on funds raised. History The company was founded in 1994 by SEB, AEA Investors, and Investor AB. It established venture capital business, EQT Ventures in 2016 and went public in 2019 by IPO. In 2021, EQT acquired Life Sciences Partners, a European venture capital firm with approximately €2.2 billion of assets under management followed in 2022, by Baring Private Equity Asia managing funds of S$20.0 billion. Fund investments * 2017, Medical device company Clinical Innovations from the Pritzker Group for US$250 millionJonathan D. Rockoff"Private-Equity Group EQT to Buy Medical Device Company for $250 Million," ''The Wall Street Journa ...
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Earnings Before Interest, Taxes, Depreciation And Amortization
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced , , or ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing, lease expenses, and obligations to governments. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC and the SEC hence requires that companies registering securities with it (and when filing its periodic reports) reconcile EBITDA to net income. Usage and criticism EBITDA is widely used when assessing the performance of a company. EBITDA is useful to assess the underlying profitability of the operating businesses ...
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Horseshoe Magnet
A horseshoe magnet is a magnet made in the shape of a horseshoe or a U-shape and has become the most widely recognized symbol for magnets. It was invented by William Sturgeon in 1825. This type of magnet can be either a permanent magnet or an electromagnet. The main advantage of a horseshoe magnet over other types of magnets is that the magnetic poles are close together creating a much stronger magnetic field. History In 1819, it was discovered that passing electric current through a piece of metal deflected a compass needle. Following this discovery, many other experiments surrounding magnetism were attempted. These experiments culminated in William Sturgeon wrapping wire around a horseshoe-shaped piece of iron and running electric current through the wires creating the first horseshoe magnet. This was also the first practical electromagnet and the first magnet that could lift more mass than the magnet itself when the seven-ounce magnet was able to lift nine pounds of ir ...
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Hearing Aid
A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers such as personal sound amplification products (PSAPs) or other plain sound reinforcing systems cannot be sold as "hearing aids". Early devices, such as ear trumpets or ear horns, were passive Amplifier, amplification cones designed to gather sound energy and direct it into the ear canal. Modern devices are computerised electroacoustic systems that transform environmental sound to make it audible, according to audiometry, audiometrical and cognitive rules. Modern devices also utilize sophisticated digital signal processing to try and improve speech intelligibility and comfort for the user. Such Digital signal processing, signal processing includes feedback management, wide dynamic range compression, directionality, frequency lowering, and noi ...
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United Nations Global Compact
The United Nations Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labor, the environment and anti-corruption. Under the Global Compact, companies are brought together with UN agencies, labor groups and civil society. Cities can join the Global Compact through the Cities Programme. The UN Global Compact is the world's largest corporate sustainability ( corporate social responsibility) initiative with 13000 corporate participants and other stakeholders over 170 countries with two objectives: "Mainstream the ten principles in business activities around the world" and "Catalyse actions in support of broader UN goals, such as the Millennium Development Goals (MDGs) and Sustainable Development Goals (SDGs)". Moving forwa ...
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Hearing Aid Manufacturers
Hearing, or auditory perception, is the ability to perceive sounds through an organ, such as an ear, by detecting vibrations as periodic changes in the pressure of a surrounding medium. The academic field concerned with hearing is auditory science. Sound may be heard through solid, liquid, or gaseous matter. It is one of the traditional five senses. Partial or total inability to hear is called hearing loss. In humans and other vertebrates, hearing is performed primarily by the auditory system: mechanical waves, known as vibrations, are detected by the ear and transduced into nerve impulses that are perceived by the brain (primarily in the temporal lobe). Like touch, audition requires sensitivity to the movement of molecules in the world outside the organism. Both hearing and touch are types of mechanosensation. Hearing mechanism There are three main components of the human auditory system: the outer ear, the middle ear, and the inner ear. Outer ear The outer ear inclu ...
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Health Care Companies Established In 1878
Health, according to the World Health Organization, is "a state of complete physical, Mental health, mental and social well-being and not merely the absence of disease and infirmity".World Health Organization. (2006)''Constitution of the World Health Organization''– ''Basic Documents'', Forty-fifth edition, Supplement, October 2006. A variety of definitions have been used for different purposes over time. Health can be promoted by encouraging healthful activities, such as regular physical exercise and adequate sleep, and by reducing or avoiding unhealthful activities or situations, such as smoking or excessive Stress (biology), stress. Some factors affecting health are due to Agency (sociology), individual choices, such as whether to engage in a high-risk behavior, while others are due to Social structure, structural causes, such as whether the society is arranged in a way that makes it easier or harder for people to get necessary healthcare services. Still, other factors are be ...
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