NetworkNewsBreaks – InnerScope Hearing Technolog
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InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer hearing technology space, today announced it has completed an asset purchase agreement and has acquired all assets and operations of iHEAR Medical Inc., based in San Leandro, California. Founded in 2010, iHEAR pioneered online direct-to-consumer hearing solutions (iHear Medical on ABC7 KGO / 2013). The acquisition bolsters InnerScope’s position as the leader in the emerging market of direct-to-consumer (“DTC”) and over-the-counter (“OTC”) hearing products. “The Acquisition of iHEAR Medical brings world-class innovation and access to over 40 patents in hearing technology,” said Matthew Moore, president and CEO of InnerScope. “Our alliance with iHEAR and its technology partners allow us to rapidly expand sales and distribution, particularly through pharmacies and insurance partners.”
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