Credo Technology (CRDO) to Acquire DustPhotonics for $750M to Support Silicon Photonics Capabilities

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is 1 of the champion caller stocks to put successful according to hedge funds. On April 13, Credo Technology Group entered into a definitive statement to get DustPhotonics for ~$750 cardinal successful currency and stock, with further performance-based milestones. This strategical determination brings industry-leading Silicon Photonics Photonic Integrated Circuit/SiPho PIC exertion in-house, positioning Credo arsenic a vertically integrated provider.

The acquisition allows the institution to code the afloat spectrum of AI infrastructure, spanning from copper to optical interconnects for 800G, 1.6T, and aboriginal 3.2T applications. The integration of DustPhotonics’ exertion is expected to accelerate Credo’s optical roadmap and trim reliance connected outer suppliers. By combining SiPho PICs with Credo’s existing SerDes and Digital Signal Processing/DSP expertise, the institution aims to amended AI clump reliability and vigor efficiency.

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These high-speed optical components are indispensable for hyperscale information centers, with Credo Technology Group Holding Ltd (NASDAQ:CRDO) projecting its optical concern volition make implicit $500 cardinal successful gross by FY27. The transaction is expected to adjacent successful the 2nd 4th of calendar 2026, taxable to regulatory approvals and customary closing conditions.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) develops high-speed connectivity products and solutions for the information infra marketplace (specifically optical and electrical Ethernet and PCIe applications), including SerDes chiplets, integrated circuits, and electrical cables.

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