SONIC innovations designs, develops, manufactures and markets advanced, digital hearing aids that are intended to provide the highest levels of satisfaction for hearing impaired customers. Capitalizing on our advanced understanding of human hearing, we developed patented digital signal processing technologies and embedded them in the smallest single-chip DSP platform to be installed in a hearing aid. Sonic Innovations is now called Otix Global.
Sonic Innovations
2795 East Cottonwood Parkway, Suite 660
Salt Lake City
UT
84121
888 678 4327
Deal Flow
Fundings
| Closing Date | Round | Amount |
|---|---|---|
| 12/01/2000 | Unattributed | $6,000,000 |
Mergers & Acquisitions
| Closing Date | Acquiree | Amount |
|---|---|---|
| 07/01/2008 | Eight Retail Audiology Practices | $8,100,000 |
| 10/01/2007 | Sonic Innovations | $3,050,000 |
| 07/01/2007 | Sonic Innovations | $1,400,000 |
Public Offerings
| Closing Date | Shares | Amount |
|---|---|---|
| 08/01/2006 | 3,200,000 | $12,000,000 |
| 05/01/2000 | 4,140,000 | $57,960,000 |
Company Snapshot
Yes
Biotechnology | Therapeutics
Active
Public
$95,810,000
$6,000,000
75
541
Sonic Innovations was started from technologies developed at BYU. Sonic Innovations was renamed Otix Global in 2009.
Key People
-
Jerry DaBell
VP of R & D
-
Christie Mitchell
VP of Manufacturing Operations
-
Samuel Westover
CEO
-
Paul R. Wennerholm
COO and President
-
Michael Halloran
CFO and VP






