Phonak
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- For the cycling team, see Phonak (cycling team).
Phonak Group | |
Type | Public |
---|---|
Founded | ? |
Headquarters | Stäfa, Switzerland |
Key people | Andy Rihs, Chairman William D. Dearstyne, Vice-Chairman Valentin Chapero Rueda, CEO |
Industry | Hearing instruments |
Products | Various |
Revenue | 867 Mill. CHF |
Employees | 3401 |
Website | www.phonak.com |
Phonak is a Swiss company that specializes in wireless and hearing systems. The Phonak Group consists of three divisions - Phonak Hearing Systems, Unitron Hearing and Wireless Communications Systems.
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.[1]
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 2006, the group employed about 3,400 employees worldwide.
Phonak was the title sponsor of the UCI ProTour team Phonak Hearing Systems, active between 2002 and 2006.
The company produces the follow products:
- Hearing Aids
- Wireless communication systems for schools