- Phonak
Infobox_Company
company_name = Phonak Group
company_
company_type = Public
foundation = 1947 (company), 1985 (holding)
location = Stäfa,Switzerland
key_people =Andy Rihs , ChairmanWilliam D. Dearstyne , Vice-ChairmanValentin Chapero Rueda , CEO
industry = Hearing instruments
products = Various
revenue = 1.073 Bil. CHF (2006/2007)
num_employees = 4,246 (2007)
homepage = [http://www.phonak.com/ www.phonak.com]Phonak is a Swiss company that specializes in hearing and wireless systems. The Phonak Group consists of three divisions - Phonak Hearing Systems, Unitron Hearing and Phonak Wireless Communications Systems.
On August, 1, 2007 Phonak AG officially changed its name to Sonova Holding AG. Its products are still sold under the brand name Phonak, though.
Phonak traces its roots back to the "AG für Elektroakustik" which was founded in 1947. The company was bought by
Ernst Rihs in 1965. As of September 2007, the group employed about 4,200 employees worldwide.Phonak was the title sponsor of the
UCI ProTour team Phonak Hearing Systems, active between 2002 and 2006.On October 2, 2006, the Phonak Group agreed to a share-purchase agreement with
GN ReSound in an acquisition worth a total of $2.65 billion. [http://www.hearingreview.com/issues/articles/2006-10_01.asp]In the fall of 2006, Phonak launched the initiative "Hear the World" which creates awareness for the topic of hearing and hearing loss and promotes good hearing across the planet. The goal of "Hear the World" is to educate the public about the importance of hearing, the social and emotional implications of hearing loss, and the available solutions for those with hearing impairment. World renowned musicians such as
Plácido Domingo , the Vienna Philharmonic, Bryan Adams, and Joss Stone support Hear the World as ambassadors.The company produces the following products:
*Hearing aid s
*Wireless communication systems for schoolsExternal links
* [http://www.phonak.com Official website]
* [http://verve.phonak.com Verve Hearing Aids]
* [http://www.hear-the-world.com Hear the World initiative website]
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