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Penguin Computing To Acquire Remote Access Software Assets From Colorado Code Craft

PUBLIC · PENGNov 16, 2022

Acquiring Company

Penguin Solutions

Acquired Company

Access Software Assets

FremontInformation TechnologySoftwareArtificial IntelligenceSportsConsulting

Description

Penguin SolutionsTM, an SGHTM brand (Nasdaq: SGH) that provides HPC, AI, and IoT technologies for edge, core, and cloud, announced today that its Penguin Computing group has acquired all software and intellectual property assets of Colorado Code Craft and welcomed Colorado Code Craft employees to the Penguin Computing team. The company specializes in secure remote work and collaboration software solutions for high-performance and high-fidelity remote visualization, including remote 3D visualization for applications running in the cloud and virtual desktop infrastructure (VDI) for technical computing.

Quick answer

Penguin Solutions is acquiring Access Software Assets, announced November 16, 2022. Penguin Solutions is based in Fremont, California, United States.

How much did Penguin Solutions pay for Access Software Assets?
The deal value was not disclosed.
What does Penguin Solutions do?
The Penguin Solutions™ portfolio, which includes Penguin Computing™ and Penguin Edge™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and..
Where are Penguin Solutions and Access Software Assets based?
Penguin Solutions is based in Fremont, California, United States.
Who are the decision-makers at Penguin Solutions?
Fundz holds 2 contacts at Penguin Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Penguin Solutions

Location

45800 Northport Loop West

Fremont, California, United States

About

The Penguin Solutions™ portfolio, which includes Penguin Computing™ and Penguin Edge™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and services that span the continuum of edge, core, and cloud. By designing highly-advanced infrastructure, machines, and networked systems we enable the world’s most innovative enterprises and government institutions to build the autonomous future, drive discovery and amplify human potential. Penguin Solutions is an SGH Brand.

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Frequently asked

Who acquired Access Software Assets?

Access Software Assets was acquired by Penguin Solutions, based in Fremont. The deal was reported on November 16, 2022. Penguin Solutions is publicly traded (PENG) and operates in Information Technology.

When did Penguin Solutions acquire Access Software Assets?

Penguin Solutions's acquisition of Access Software Assets was reported on November 16, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Access Software Assets do?

Access Software Assets is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.