# EssilorLuxottica acquires Nuance Hearing for hearing aid technology

EssilorLuxottica acquired Israeli startup Nuance Hearing, which develops acoustic beamforming technology for hearing aids. The acquisition was completed at the end of 2022 and announced in July 2023. Financial details were not disclosed but market sources estimate high tens of millions of dollars.

- Type: Acquisition
- Announced: 2023-07-26
- Where: Tel Aviv, Israel
- Status: completed
- Products: hearing aid technology, acoustic beamforming devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [EssilorLuxottica](https://endata.com/companies/41812.md) (acquirer)
- [Nuance Hearing](https://endata.com/companies/71642.md) (target)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-essilorluxottica-buys-israeli-hearing-aid-co-nuance-hearing-1001453347), 2023-07-26: "EssilorLuxottica plans developing lenses in which Nuance's acoustic beamforming technology is embedded and launching the eyeglasses next year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.