M&A Deal Summary

Gooch & Housego Acquires Cleveland Crystals

On March 12, 1999, Gooch & Housego acquired semiconductors company Cleveland Crystals

Acquisition Highlights
  • This is Gooch & Housego’s 1st transaction in the Semiconductors sector.
  • This is Gooch & Housego’s 1st transaction in the United States.
  • This is Gooch & Housego’s 1st transaction in Ohio.

M&A Deal Summary
Date 1999-03-12
Target Cleveland Crystals
Sector Semiconductors
Buyer(s) Gooch & Housego
Deal Type Add-on Acquisition

Target

Cleveland Crystals

Cleveland, Ohio, United States
Cleveland Crystals, Inc. is a developer of crystal ultraviolet (UVC) LEDs for military applications such as sonar and missile domes.

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Buyer(S) 1

Buyer

Gooch & Housego

Ilminster, United Kingdom
Category Company
Founded 1948
Sector Information Technology
Employees1,030
Revenue 148M GBP (2023)
DESCRIPTION

Gooch & Housego is a photonics technology business with operations in the USA and Europe. A provider in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defense, Industrial, Life Sciences and Scientific Research sectors. Gooch & Housego was founded in 1948 and is based in Ilminster, England.

DEAL STATS #
Overall 1 of 15
Sector (Semiconductors) 1 of 4
Type (Add-on Acquisition) 1 of 13
State (Ohio) 1 of 1
Country (United States) 1 of 9
Year (1999) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 NEOS Technologies

Melbourne, Florida, United States

NEOS Technologies, Inc. is a manufacturer of acousto-optic components for control of lasers and laser beams.

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