All lawsuits end as Credo and TE Connectivity strike AEC deal

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Credo Technology Group Holding Ltd (NASDAQ: CRDO) and TE Connectivity Corporation (NYSE: TEL) have reached a confidential license and settlement agreement concerning Active Electrical Cable (AEC) technology. This agreement resolves all existing lawsuits between the two companies, which will now be dismissed. The terms of the settlement were not disclosed.

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