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

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.

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Media Contact:

Diane Vanasse

diane.vanasse@credosemi.com

Investor Contact:

Dan O'Neil

dan.oneil@credosemi.com