Penguin Solutions
Artificial Intelligence, Consulting, Information Technology · 2,700 employees
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 an
Funding history
- Funding Round — $200.0M — Dec 2024
Recent signals
- Jun 01, 2026: Penguin Solutions Appoints Aaron Johnson as Interim Chief Financial Officer
- May 10, 2026: Penguin Solutions Partners with AMD and Shell to Enhance AI Data Center Performance
- Feb 02, 2026: Penguin Solutions Appoints Kash Shaikh as President and CEO
- Jan 06, 2026: SEC 8-K (2.02): On January 6, 2026, Penguin Solutions, Inc. announced its financial results for the first quarter of fiscal 2026 through a press release and a conference call. The release includes non-GAAP financial measures, with a reconciliation to GAAP measures provided in the attached press release. The announcement is significant as it informs shareholders about the company's financial performance and strategic direction moving forward. This event is important for understanding the company's financial health and market position.
- Dec 29, 2025: SEC 8-K (1.01): On December 29, 2025, Penguin Solutions, Inc., through its subsidiary SMART Modular Technologies (LX) S.à r.l., entered into a Stock Transfer Agreement with Lexar Europe B.V., Zilia Technologies Indústria e Comércio de Componentes Eletrônicos Ltda., Shenzhen Longsys Electronics Co., Ltd., and Shanghai Intelligent Memory Semiconductor Co., Ltd. This agreement involves the transfer of stock related to the ownership structure between the involved parties. The strategic significance of this transaction could impact Penguin Solutions' market positioning, particularly in the technology sector, as it consolidates relationships with international stakeholders. No specific financial amounts were disclosed in the filing.
- Jul 29, 2025: Penguin Solutions Appoints Tony Frey as Chief Revenue Officer and Ted Gillick as SVP of Strategy
- May 06, 2025: Penguin Solutions partners with CDW for AI infrastructure
- Jan 10, 2025: Penguin Solutions Announces Strategic Partnership with SK Telecom and SK hynix
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