Today's Hot News - Advanced Bionics Bought

Today's hot news is that the cochlear implant manufacturer Advanced Bionics has been bought by a hearing aid manufacturer, Sonova. Abledbody.com notes that Sonova bought Advanced Bionics because the market is estimated to be as much as $800 million. I'm not surprised a hearing aid manufacturer is buying a cochlear implant manufacturer. As cochlear implants grow in popularity and people with less severe hearing losses are able to get them, it is inevitable that cochlear implants will take market share from hearing aids.