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Credo Acquires CoMira Solutions

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Key Terms

semiconductor IP technical
Semiconductor IP means reusable, pre-designed circuit blocks and blueprints used when making microchips — things like processor units, memory controllers, or wireless interfaces that chip designers license instead of building from scratch. Investors care because these building blocks speed development, lower costs, create licensing or recurring revenue, and can make a company’s chips more competitive; think of it like using proven Lego pieces to build a reliable product faster.
Ethernet technical
A wired networking technology that moves data between devices over cables, like a dedicated highway that carries information reliably and quickly across offices, factories, and data centers. Investors care because ethernet underpins the performance and cost of digital services and infrastructure—demand for faster, more reliable wired networks drives spending on hardware, installation and upgrades, which affects manufacturers, service providers and companies that rely on heavy data flow.
PCIe technical
PCIe (PCI Express) is a high-speed connection standard used inside computers and servers to link components like graphics cards, storage drives, and network adapters so they can send data quickly to each other. Investors care because faster, more efficient PCIe support can make a product more competitive—think of it as wider, faster highway lanes for data—which affects device performance, upgrade flexibility, manufacturing cost and customer demand.

Integration of High-Performance IP Technologies and Talented Team to Advance Connectivity Solutions for AI Infrastructure

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that it has acquired high-speed connectivity IP innovator CoMira Solutions. The acquisition of CoMira brings specialized link layer, error correction (ECC) and security semiconductor IP to support the development of new and advanced system-level solutions for scale-up and scale-out AI architectures.

The CoMira team of designers and engineers have created IP solutions deployed in some of the most challenging and highest volume chips optimized for networking, AI, high-performance computing and servers.

CoMira has a strong track record of success partnering with leading semiconductor companies, delivering custom IP to develop cutting-edge connectivity products. Its link layer, ECC, and security IPs enable enhancements to Credo’s existing scale-out products such as ZeroFlap (ZF) AECs, ZF Optics, and ALCs as well as OmniConnect solutions. The CoMira team of designers and engineers will enable upcoming features in support of Credo’s scale-up and scale-out AI products across multiple protocols including Ethernet, ESUN, UALink and PCIe.

“CoMira’s differentiated and comprehensive IP building blocks will help us to further transform connectivity at scale,” said Bill Brennan, president and CEO of Credo. “We welcome the talented CoMira team to Credo and look forward to continuing to drive innovation that is essential to fast, reliable, and energy-efficient AI clusters.”

About Credo

Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI.

Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world.

For more information, please visit https://www.credosemi.com. Follow Credo on LinkedIn.

Credo and the Credo logo are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners.

Media Contact:

Diane Vanasse

diane.vanasse@credosemi.com

Investor Contact:

Dan O’Neil

dan.oneil@credosemi.com

Source: Credo

CREDO TECHNOLOGY GROUP HOLDING

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