Gooch & Housego (LSE: GHH), a UK-based photonics technology company, has acquired US-based IntraAction Corp. to expand its acousto-optics capabilities and manufacturing capacity as demand grows across the semiconductor industry.
The acquisition brings together two companies with more than five decades of experience in acousto-optic technology. It also expands G&H’s US manufacturing footprint through the addition of IntraAction’s facility in Bellwood, Illinois.
The combined operations will integrate IntraAction’s acousto-optic devices and radio frequency (RF) driver technology with G&H’s vertically integrated capabilities, including in-house crystal growth and advanced optical fabrication. The companies expect the combination to create operational and engineering synergies, increase production capacity and accelerate the transition from product design to manufacturing.
G&H CEO Charlie Peppiatt said the acquisition aligns with the company’s strategy of investing in businesses that strengthen its position in strategic growth markets. He added that the expanded portfolio and manufacturing capabilities would help the company respond to rising customer demand.
Semiconductor Demand Drives Photonics Growth
The semiconductor industry is emerging as a significant growth opportunity for the combined business. Stratos Kehayas, president of G&H Photonics, said the global semiconductor market surpassed $1 trillion in 2026, four years ahead of earlier forecasts.
He highlighted the growing role of photonics in semiconductor manufacturing, where acousto-optic technologies support applications ranging from photolithography and wafer inspection to advanced packaging.
IntraAction to Build on Its Technology Legacy
For IntraAction, the acquisition provides an opportunity to extend its technological capabilities and manufacturing reach while preserving its legacy. CEO Jenny Tran said the company, founded by John Lekavich more than 50 years ago, would build on its established expertise through access to G&H’s broader resources.
