Oticon is a hearing aid manufacturer based in Copenhagen, Denmark. The company is a subsidiary of Demant A/S. It was founded in 1904 by Hans Demant, whose wife was hearing impaired. The company claims to be the world's second-largest manufacturer of hearing aids, and uses a management style known as "spaghetti organization"[1][2] introduced by Lars Kolind[3][4][5] under his leadership between 1988 and 1998.[6][7][8]
 | |
| Founded | 1904 |
|---|---|
| Founder | Hans Demant |
| Headquarters | Smørum, Egedal , Denmark |
| Products | Hearing aids |
Number of employees | 3000+ |
| Parent | Demant A/S |
Oticon has branches in several countries, including a production plant in Poland, with more than 3,000 employees worldwide.[9]
Oticon Medical
editOticon 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] Using the acquired technology, the company developed its own Neuro cochlear implant system, which received FDA approval in 2021.[14]
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.[15]
References
edit- ^ "Oticon A/S: Spaghetti Organization and Beyond". IBS Center for Management Research. Retrieved 12 September 2012.
- ^ . Harvard Business Review. Retrieved 10 September 2012.
- ^
- ^
- ^ ISBN 87-569-7920-7.
- ^ ISBN 9788756979207. Retrieved 12 September 2012.
- ^
- ^
- ^ . Apex Hearing. Retrieved 6 May 2014.
- ^ . earcommunity.org. Retrieved 24 March 2022.
- ^
- ^ . Healthy Hearing. Retrieved 24 March 2022.
- ^
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ . MassDevice. 24 June 2021. Retrieved 24 March 2022.
- ^ . Business News Australia. Retrieved 6 May 2022.
External links
edit
- 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