Sale of G&H Boston (EM4) optoelectronics business

Today we are announcing an important development regarding our optoelectronics business located in Boston (EM4). We have completed the sale of this business unit to a subsidiary of a global technology company.

This divestment enables us to sharpen our investment priorities and concentrate on accelerating areas of strategic priority where we will drive innovation and value for our customers. We are focusing our efforts and resources into areas where we can offer differentiated products and services to our customers, maximising value creation for all stakeholders.

We want to assure you that the opto-electronics product line will continue to be manufactured and available for purchase under EM4’s new ownership which brings a strong and highly complementary technology base in laser and photodetector ICs for mission critical applications. The team on the ground in Boston will continue to operate the business, and we will provide you with more details, including any updated contact information, in the coming days.

At G&H, we remain deeply committed to making a positive impact on the world through photonics. Throughout this transition, we want to emphasize our dedication to prioritizing your needs and aspirations. We sincerely appreciate your continued support and commitment to our shared vision.

Charlie Peppiatt

CEO