Davis Polk advised Credo Technology Group Holding Ltd on its private placement of approximately $100 million in shares of its Series D preferred stock.

Credo is a leading provider of high performance, mixed-signal semiconductor solutions for the data center, enterprise networking and high performance computing markets. Credo’s solutions deliver the bandwidth, scalability and end-to-end signal integrity for next generation platforms requiring 25G, 50G and 100G signal lane-rate connectivity for 100G, 200G, 400G and 800G port enabled networks.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jason Bassetti and associate Dana Lueck-Mammen. Partner Frank J. Azzopardi and associate Jennifer Leather provided intellectual property advice. Counsel Gregory D. Hughes provided executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.