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Company type | Subsidiary (A/S) |
---|---|
Industry | Medical devices |
Founded | 1904 |
Founder | Hans Demant |
Headquarters | Smørum, Egedal , Denmark |
Products | Hearing aids |
Number of employees | 3,000+ |
Parent | Demant A/S |
Website | oticon |
Oticon is a Danish hearing aid manufacturer based near Copenhagen in Denmark. The company is a subsidiary of Demant A/S. It was founded in 1904 by Hans Demant, whose wife was hearing impaired.
Oticon has branches in several countries, including a production plant in Poland, with more than 3,000 employees worldwide.[1] The company claims to be the world's second-largest manufacturer of hearing aids, and it uses a management style known as "spaghetti organization",[2][3] which was introduced by Lars Kolind[4][5][6] under his leadership between 1988 and 1998.[7][8][9]
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