Credo Announces Acquisition of DustPhotonics, Expanding Its Silicon Photonics and High-Speed Optical Interconnect Presence
Credo Technology has signed a definitive acquisition agreement with Israeli silicon photonics company DustPhotonics, with the deal centered on AI data centers and high-speed optical interconnects. Media reports added that it is a cash-and-stock transaction that could be worth up to $1.3 billion; Credo said the combined optical business portfolio could generate more than $500 million in optical revenue in fiscal 2027.