Penguin Solutions Inc. is an information technology company that designs, builds, deploys, and manages enterprise solutions for data-intensive computing environments. Its business is organized around Advanced Computing, Integrated Memory, and Optimized LED, giving it a broad presence across AI infrastructure, high-performance computing, memory systems, and lighting technologies. Through brands such as Penguin Computing, Stratus, Penguin Edge, SMART Modular Technologies, and Cree LED, the company provides hardware, software, and services for core, cloud, and edge applications. Penguin Solutions serves industries that rely on technical computing, resilient data center operations, embedded systems, and specialized LED components, including enterprise IT, telecommunications, healthcare, manufacturing, energy, government, and financial services. The company plays a role in supporting modern digital infrastructure by combining computing platforms, memory products, and application-optimized LEDs within a single technology portfolio.
Penguin Solutions agreed to sell its Cree LED business to a Transom Capital affiliate in an all cash deal expected to close in early 2027
| Series | 1W | 1M |
|---|---|---|
| PENG | −20.6% | −24.8% |
| Peers | +1.3% | +10.7% |
| Sector · Technology | −6.0% | −9.5% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 2 | 5 |
New 13D stake by SK hynix Inc. Across 5,146 earlier 13D campaigns, 4.7% of targets announced a sale within a year and 4.8% faced a proxy fight.
| Series | 1W | 1M |
|---|---|---|
| PENG | −20.6% | −24.8% |
| Peers | +1.3% | +10.7% |
| Sector · Technology | −6.0% | −9.5% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 2 | 5 |