Advanced Bionics Is Sold — Again. Should Customers Worry?
Advanced Bionics — the only U.S. cochlear implant maker — has been acquired by Sonova, a Swiss maker of hearing aids. Sonova will pay $US 489 million for Advanced Bionics in the deal, which is expected to close in February 2010, subject to approval. Buying the Cupertino, Calif.-based Advanced Bionics thrusts Sonova, a relatively unknown maker [...]