NetworkNewsBreaks – InnerScope Hearing Technolog
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InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, recently acquired all assets and operations of iHEAR Medical Inc., a venture-backed pioneer in online direct-to-consumer hearing solutions. INND expects the acquisition to expand and solidify its position as the emerging leader in the market of direct-to-consumer and over-the-counter hearing products. In addition, the acquisition offers InnerScope access to over 40 patents in hearing technology, brings world-class innovation and helps the company broaden its product offering. iHEAR, which has demonstrated a track record of bringing novel hearing solutions to the market, boasts a team that holds more than 100 patents in miniature hearing electronics and medical devices. Following the acquisition, InnerScope has ambitious plans for the future. A recent article quotes Matthew Moore, president and CEO of InnerScope, as saying, “Leveraging the renowned R&D talents of iHEAR Medical, InnerScope plans to develop next-generation hearing products incorporating artificial intelligence (‘AI’), advanced sound processing for improved hearing in noise environments and seamless wireless connectivity to internet-of-things (“IoT”) devices.”
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