Sennheiser has sold its consumer audio business

Sennheiser has sold its consumer audio business
(Image credit: Sennheiser)

Sennheiser has sold its consumer audio division. The business – which makes headphones, soundbars and DACs – has been acquired by a Swiss-based medical hearing company called Sonova Holding AG, which specialises in hearing aids and cochlear implants.

At the start of the the year, Sennheiser announced it was seeking a buyer for the business, so the writing has been on the wall for a few months.

"A permanent cooperation is planned under the joint Sennheiser brand umbrella in order to continue offering Sennheiser customers first-class audio solutions in the future," reads the brands' statement. They have also agreed a license agreement for future use of the Sennheiser brand.

Sennheiser's co-CEOs were buoyed by the move, suggesting it could open more opportunities for Sennheiser speech-enabled hearables and both true wireless and audiophile headphones.

The pro side of the business isn't part of the deal with Sonova and will continue to operate independently.

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