Credo Technology and Amphenol Settle Patent Disputes, End Litigation

Credo Technology and Amphenol have reached a license and settlement agreement to resolve patent infringement disputes on active electrical cable technology. The lawsuits will be dismissed, and the terms of the agreement remain confidential. Don Barnetson, Senior Vice President of Product at Credo, said he is pleased with the amicable resolution.

Credo Technology Group Holding Ltd (NASDAQ: CRDO) and Amphenol have reached a license and settlement agreement to resolve patent infringement disputes related to active electrical cable technology. The lawsuits will be promptly dismissed, bringing an end to the ongoing patent disputes between the two companies. Don Barnetson, Senior Vice President of Product at Credo, expressed satisfaction with the amicable resolution [1].

Credo Technology, an innovator in secure, high-speed connectivity solutions, specializes in delivering improved reliability and energy efficiency. The company's mission is to redefine high-speed connectivity by enabling faster, more reliable, and scalable solutions for AI, cloud computing, and hyperscale networks [2]. Credo's products are optimized for optical and electrical Ethernet applications, including emerging 100G, 200G, 400G, 800G, and 1.6T port markets. The company's proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies are integral to its product offerings [2].

Amphenol, a global manufacturer of interconnect solutions, has also been involved in active electrical cable technology. The settlement agreement between Credo and Amphenol signifies a significant step forward in resolving intellectual property disputes in the high-tech industry. The terms of the agreement remain confidential, as per the companies' statements [1].

This resolution is a positive development for both companies, allowing them to focus on innovation and growth rather than legal disputes. The settlement agreement highlights the importance of intellectual property management and the potential benefits of amicable dispute resolution in the tech sector.

References:
[1] https://www.marketscreener.com/news/credo-and-amphenol-reach-settlement-in-active-electrical-cable-patent-infringement-disputes-ce7c51d9df89fe23
[2] https://www.credosemi.com