---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-024892"
form_type: "8-K"
ticker: "CRDO"
cik: "0001807794"
company_name: "Credo Technology Group Holding Ltd"
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:36:12.337101+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Credo to acquire DustPhotonics for $750M cash + stock; expects >$500M optical revenue in FY27

## Summary
- Upfront consideration: $750M cash + ~0.92M CRDO shares; earnout up to ~3.21M shares on financial milestones.
- Expected close Q2 2026; deal seen accretive to non-GAAP EPS in Credo's fiscal 2027.
- DustPhotonics adds Silicon Photonics PIC for 400G/800G/1.6T/3.2T, reducing component complexity and improving yields.
- Combined optical business forecast to exceed $500M revenue in fiscal 2027 on hyperscale AI demand.
- Acquisition builds vertically integrated connectivity stack: SerDes, DSP, SiPho, and system integration.

## SEC filing metadata
- accession: 0001628280-26-024892
- form_type: 8-K
- ticker: CRDO
- cik: 0001807794
- company_name: Credo Technology Group Holding Ltd
- filed_at: 2026-04-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807794/000162828026024892/0001628280-26-024892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807794/000162828026024892/crdo-20260413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-024892
- JSON: https://secwatch.observer/filing/0001628280-26-024892.json
- Plain text: https://secwatch.observer/filing/0001628280-26-024892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.