Credo

US-based Credo, which specializes in data center connectivity, agrees to acquire Israeli chip startup DustPhotonics in a cash-and-stock deal worth up to $1.3B

US-based Credo, which specializes in data center connectivity, agrees to acquire Israeli chip company DustPhotonics in a cash-and-stock deal worth up to $1.3B

The Israeli company's photonic chip technology enables faster, lower-cost data transfer in next-generation AI clusters.