Penguin Solutions, Inc. — Company profile
Technology · Information Technology Services · United States
Last price 58.79 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.54B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Company profile
Penguin Solutions, Inc. designs, builds, deploys and manages data centers for enterprises, sovereign AI initiatives, and neocloud providers worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers AI infrastructure design, system integration, deployment, cluster validation, performance optimization, and ongoing infrastructure management services; continuous availability of customers critical data and applications in data centers and edge locations under the Stratus brand products; and dynamic random-access memory, modules, solid-state/flash storage, and CXL-based memory expansion technologies designed to improve memory capacity, bandwidth, and system efficiency under the SMART Modular Technologies brand. The company also provides Zefr, a memory module; Altus and AMD EPYC based servers for expanded memory capacity; flash memory products comprising solid-state drives, Serial Advanced Technology Attachment, and PCIe NVMe products in 2.5 enclosures, M.2, EDSFF, and other form factors; and multimediacard and embedded and removable USB products, SD and microSD Card configurations, and firmware development. In addition, it offers procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging supply chain services; and LEDs under the Cree LED brand; Cree LED XLamp and J Series packaged LED components. It serves OEMs, enterprises, government, and other customers through direct and third-party channels. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is headquartered in Fremont, California.
Details
| Name | Penguin Solutions, Inc. |
| Sector | Technology |
| Industry | Information Technology Services |
| Employees | 2800 |
| Founded | 1988 |
| Ipo Date | 2017-05-24 |
| Ceo | Kash Shaikh |
| Country | United States |
| Exchange | NASDAQ |
| Fiscal Year | September - August |
| Reporting Currency | USD |
| Isin | US7069151055 |
| Cusip | 706915105 |
| Cik | 0001616533 |
| Sic | 3674 |
Key executives
| Name | Title |
|---|---|
| Kash Shaikh | Chief Executive Officer, President and Director |
| Anne Kuykendall J.D. | Senior Vice President and Chief Legal Officer |
| Joseph Clark | Senior Vice President and President of Optimized LED |
| Tony Frey | Senior Vice President and Chief Revenue Officer |
| Stephen Cumming | SVice President, Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer |
| Philip Pokorny | Chief Technology Officer |
| Srini Tanikella | Senior Vice President and Chief Information Officer |
| Suzanne Schmidt | Head of Investor Relation |
| Mark Seamans | Senior Vice President of Global Marketing |
| Ted Gillick | Senior Vice President of Strategy and Corporate Development |
Contact
| Address | 45800 Northport Loop West, Fremont, California 94538, United States |
| Phone | 510 623 1231 |
| Website | https://www.penguinsolutions.com |