Brief: Credo Agrees To Acquire Dustphotonics, Accelerating Expansion Into Silicon Photonics And Next Generation Optical Connectivity
13/04/2026 22:03
April 13 (Reuters) - Credo Technology Group Holding Ltd CRDO.O: CREDO TECHNOLOGY GROUP HOLDING LTD - DEAL VALUED AT $750 MILLION CASH PLUS 0.92 MILLION CREDO SHARES CREDO AGREES TO ACQUIRE DUSTPHOTONICS, ACCELERATING EXPANSION INTO SILICON PHOTONICS AND NEXT GENERATION OPTICAL CONNECTIVITY CREDO TECHNOLOGY GROUP HOLDING LTD - DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP EPS IN FISCAL 2027 CREDO TECHNOLOGY GROUP HOLDING LTD - EXPECTS OVER $500 MILLION IN OPTICAL REVENUE IN FISCAL 2027 Source text: ID:nBw7jxT9fa Further company coverage: CRDO.O ((Reuters.Briefs@thomsonreuters.com;))