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hearX and Eargo merge to create LXE Hearing in landmark deal

South Africa-founded hearX has merged with US-based Eargo to create LXE Hearing, a new company focused on hearing health solutions. This merger, supported by a $100 million investment from Patient Square Capital, combines their strengths in digital technologies and consumer hearing aid brands. Nic Klopper, co-founder of hearX, will lead LXE Hearing as CEO, aiming to revolutionize hearing aids and enhance accessibility to hearing health.

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