Penguin Solutions, Inc. (NASDAQ: PENG) provides technology solutions for data centers, high-performance computing, artificial intelligence, and intelligent edge applications. The company helps organizations design, deploy, and manage specialized computing environments, including systems used for demanding workloads such as scientific research, machine learning, and enterprise applications.
Its offerings include accelerated computing platforms, high-performance servers and clusters, software and services for managing complex computing infrastructure, and memory and storage products. Through its SMART Modular business, Penguin Solutions supplies memory, solid-state storage, and other components for enterprise, communications, industrial, embedded, and automotive applications. Its portfolio also includes fault-tolerant computing and edge-computing solutions associated with the Stratus business.
The company was formerly known as SMART Global Holdings, Inc. and adopted the Penguin Solutions name as part of a broader effort to align its corporate identity with its technology businesses, including Penguin Computing. Penguin Solutions serves customers internationally across the data center, cloud, communications, industrial, and other technology markets. Mark Adams serves as the company’s president and chief executive officer.
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