Penguin Solutions Inc

Penguin Solutions Inc engages in the designing and development of enterprise solutions worldwide It operates through three segments Advanced Computing Integrated Memory and Optimized LED It offers dynamic random access memory modules solidstate and flash storage and other advanced integrated memory solutions for networking and telecom data analytics artificial intelligence and machine learning applications and supply chain services including procurement logistics inventory management temporary warehousing programming kitting and packaging services The company also provides Penguin Computing that focus on technical computing for core and cloud environments through highperformance computing and AI solutions and Penguin Edge an edge computing solution for embedded and wireless applications such as highperformance products for government health care manufacturing and telecommunications applications In addition it offers Stratus which provides simplified protected and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services and solutions to education energy financial services government hyperscale and manufacturing markets Further the company provides LED chip products comprising blue and green LED chips based on gallium nitride and related materials under Cree LED brand and surface mount devices under the Cree LED XLamp and J Series brands It sells its products directly to original equipment manufacturers enterprise government and other end customers through direct sales force ecommerce customer service representatives onsite field application engineers independent sales representatives distributors integrators and resellers 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 based in Grand Cayman Cayman Islands