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IntriCon Corporation (IIN) Sells Ownership in Joint Venture


10/4/2012 3:34:28 PM

ARDEN HILLS, Minn.--(BUSINESS WIRE)--IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced that during the third quarter it completed the sale of its 50-percent ownership interest in Global Coils, to its Switzerland-based joint venture partner, Audemars SA. The Global Coils joint venture designs, manufactures, markets and sells audio coils primarily to the European hearing health industry.

Read at BioSpace.com

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