GN Audio invests in further growth in India with Jabra Connect
May 02, 2018
Ballerup, May 2, 2018 – GN Audio has acquired a majority stake in Innova Telecom Pvt. Ltd (“Innova”). Innova has been distributing GN Audio’s flagship brand Jabra in India for more than a decade. Going forward, the company will be named Jabra Connect, and Rajesh Ghei - current CEO and founder of Innova – will continue as CEO of Jabra Connect.
“This strategic acquisition strengthens Jabra’s presence and will help expand our market share in India building on our unique value proposition to successful local businesses. We further enhance our winning formula when we combine Jabra’s global strengths and brand value with Innova’s strong position in India. We are very excited about seizing this opportunity,” says René Svendsen-Tune, CEO of GN Audio.
Innova is a strong growth story with growth rates significantly above the already high market growth in recent years. Jabra Connect intends to further strengthen their presence by building a true national sales and support network, creating even more value for customers and making Jabra their number one choice. As of today, Innova has nine offices across India with more than 100 employees. Innova’s impressive growth is built upon its networks of partners and strong relations with customers.
Jabra launches Biz1100 and new innovative e-commerce portal
As a further demonstration of Jabra’s dedication to the market in India, Jabra is now launching a new headset designed specifically for emerging markets - Biz1100. Additionally, Jabra launches a new innovative e-commerce portal in India, making it easy to offer Jabra’s state-of-the-art headsets in every corner of India.
About GN Group
The GN Group is a global leader in intelligent audio solutions that let you hear more, do more and be more than you ever thought possible. Our ambitious 150-year journey has taken us from telegraph cables to intelligent audio engineering. To celebrate our anniversary, we look to our unique competences within medical, professional and consumer audio solutions to help us continue to transform lives through the power of sound.
GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, sound, wireless technology, miniaturization and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, Beltone, Interton, Jabra and BlueParrott in 100 countries. Founded in 1869, the GN Group employs more than 6,000 people and is listed on Nasdaq Copenhagen (GN.CO).