GN Group

GN Group is a Danish company that develops, manufactures, and markets a diverse range of audio solutions, including medical and consumer products. It operates through two main segments: GN Hearing and GN Audio. The GN Hearing segment focuses on producing hearing instruments and audiological diagnostics, while the GN Audio segment supplies headsets and speakerphone solutions for both professional and consumer markets. GN Group's offerings include communication and hearing protection solutions for defense and security forces. Its product portfolio features well-known brands such as ReSound, Beltone, Jabra, and Blueparrott. The company has established itself as a significant competitor in the global hearing aid market and the enterprise headset market, recently expanding into the gaming sector with the acquisition of SteelSeries. Headquartered in Ballerup, Denmark, GN Group was founded in 1869 and leverages extensive research and development expertise to enhance its innovative audio solutions.

Peter Karlstromer

President and CEO GN Audio

7 past transactions

Jabra Hearing

Acquisition in 2021
Jabra Hearing focuses on developing innovative hearing aids tailored for individuals experiencing hearing loss. The company offers technology-enabled devices that connect to users' smartphones through an application, allowing for personalized adjustments in various environments such as offices and restaurants. This app enables users to manage their hearing aid settings, conduct online assessments, and access virtual consultations with audiologists for at-home tuning. Founded in 2018 and based in New York, Jabra Hearing aims to address the significant issue of untreated hearing loss by providing a user-friendly, advanced hearing solution that combines professional care with convenience.

SteelSeries

Acquisition in 2021
SteelSeries is a prominent manufacturer of high-performance gaming peripherals, catering to both professional gamers and enthusiasts. Established by two individuals who identified the demand for superior gaming gear, the company has evolved into a global leader in the gaming industry. Its extensive product lineup includes headsets, mice, keyboards, mousepads, consoles, controllers, and various accessories, all designed to enhance the competitive edge of gamers. SteelSeries emphasizes innovation through collaboration with a network of technology partners, game publishers, and gaming communities, ensuring that products meet the actual needs of users. The company actively engages with professional gamers to gather feedback, which informs their product development process. Additionally, SteelSeries is committed to reinvesting a significant portion of its revenue back into the gaming community, supporting tournaments and competitions to foster industry growth. This focus on community engagement and product functionality distinguishes SteelSeries within the gaming market.

Obital

Acquisition in 2021
Obital specializes in developing eye-tracking interaction technology that leverages advancements in commercialized eye-tracking available in modern devices such as smartphones, tablets, computers, and VR/AR headsets. The company is pioneering some of the first applications enabled by this technology, which provides valuable insights into how users engage with new digital experiences. By focusing on diverse user groups, including rural, busy, young, and disabled audiences, Obital's software facilitates innovative interaction methods on mobile devices. It enhances user experience by interpreting attention and engagement, allowing individuals to interact with applications through simple and intuitive eye movements. This approach is central to Obital's cross-platform interaction framework, which aims to empower developers and companies to fully harness the potential of eye-tracking technology in their offerings.

Altia Systems

Acquisition in 2019
Altia Systems is an award winning, venture-backed company based in Cupertino, California and creator of the PanaCast™ system. PanaCast™ is a unique experience that enables anyone on desktop or mobile to communicate in interactive, real-time Panoramic-HD 200 degree field-of-view video that replicates the human panoramic perspective.

VXi

Acquisition in 2016
VXi Corporation specializes in the manufacture and distribution of telephone headsets, microphones, and related hardware products. The company provides telecommunication and speech recognition solutions tailored for contact centers, offices, original equipment manufacturers, and mobile professionals. Its diverse product lineup includes corded and Bluetooth headsets, amplifiers, UC/USB adapters, and various accessories, all designed for optimal performance in applications such as voice recognition, distance education, and conferencing. VXi also develops complementary software solutions, including VXi Connect and the VXi BlueParrott push-to-talk application, enhancing the functionality of its hardware. The company markets its products through a network of distributors and resellers across multiple regions, including North America, Europe, the Middle East, Africa, and Asia Pacific. Founded in 1989 and headquartered in Dover, New Hampshire, VXi is recognized for its commitment to quality, comfort, and innovation in voice communication technology. As of 2016, VXi operates as a subsidiary of GN Netcom A/S.

Audigy Group

Acquisition in 2016
Audigy Group, LLC is a provider of business management services specifically tailored for private practice audiologists and hearing care professionals in the United States. Founded in 2004 and based in Vancouver, Washington, Audigy offers a comprehensive range of services including strategic business development, finance, human resources, marketing, and technology solutions. The company also provides data analytics and strategic recommendations based on best practices, assisting clients in optimizing operations and enhancing business intelligence. Audigy aims to empower audiologists by equipping them with superior tools, training, and resources to foster leadership and operational excellence. Since July 2016, Audigy has operated as a subsidiary of GN Hearing Care Corporation.

Dansk HøreCenter

Acquisition in 2013
Dansk Hørecenter is a Danish company based in Odense that specializes in hearing care services. It provides a range of audiology services, including hearing examinations and the fitting of hearing aids tailored to individual needs and preferences. The company offers a variety of hearing aid models that cater to different levels of hearing loss, ensuring that customers can find devices that suit their lifestyle and technology requirements. Additionally, many of the hearing aids available are compatible with wireless accessories, allowing users to connect directly to smartphones, televisions, and landline telephones for an enhanced listening experience. Dansk Hørecenter is committed to helping patients prevent and minimize hearing damage through its professional services and high-quality products.
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