Press release
Credo to Acquire Hyperlume, Inc.
Addition of MicroLED Technology Capabilities Accelerates Credo Leadership in High-Speed Connectivity SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology
About this update from Credo Technology Group Holding Ltd
[{"type":"text","content":"\nAddition of MicroLED Technology Capabilities Accelerates Credo Leadership in High-Speed Connectivity\n\n\n SAN JOSE, Calif.--(BUSINESS WIRE)--\nCredo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced the closing of its acquisition of privately-held Hyperlume, Inc., a developer of MicroLED-based optical interconnect technology for chip-to-chip communication. This acquisition enables Credo to expand its comprehensive portfolio of end-to-end system-level connectivity solutions with Hyperlume’s cutting-edge miniature light-emitting diode (microLED) technology to address the future of AI-driven data infrastructure deployments.\n\n\nThe escalating bandwidth demands that large datasets and parallel processing place on networks are changing the way that data is transmitted in AI, cloud and hyperscale data centers. MicroLED technology is emerging as a next-generation optical technology for data center interconnects as it brings the high-speed, energy-efficiency and low-latency data transmission required for scaling massive AI clusters.\n\n\nHyperlume’s unique technology uses specialized, ultra-fast microLEDs and ultra-low power circuitry to overcome the energy and bandwidth bottlenecks inherent in traditional electronic interconnects. The addition of Hyperlume’s microLED technology into Credo’s portfolio offerings will provide customers with novel options for scaling up AI networks.\n\n\n“The acquisition of Hyperlume extends our innovative system-level connectivity solutions that spans diverse physical mediums, distances, and protocols to deliver optimized solutions to meet each customer’s needs,” said Bill Brennan, president and CEO of Credo. “MicroLED technology aligns with our mission to innovate and advance high-speed connectivity by enabling faster, more reliable, more energy-efficient, and scalable solutions for the AI era. We welcome the Hyperlume team to Credo and look forward to creating a new class of connectivity solutions together.”\n\n\n“We’re excited to become part of Credo, a company that shares our passion for redefining connectivity through bold innovation. Together, our aligned vision and commitment will accelerate breakthroughs shaping the future of high-performance infrastru...