Penguin Solutions Inc - Company Profile
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Penguin Solutions Inc (Penguin Solutions) is a technology company that provides end-to-end solutions for complex computing, memory, and LED challenges. Its products include Accelerated Computing Solutions, Fault Tolerant Computing, Integrated Memory, and Optimized LED solutions. The company's services include design, build, deployment, and managed services for accelerated computing, fault-tolerant computing, and integrated memory solutions. It serves various industries, including oil and gas, financial services, life sciences and healthcare, higher education, government, weather, manufacturing, retail, critical infrastructure, and transportation. Penguin Solutions is headquartered in Milpitas, California, the US.
Headquarters
United States of America
Address
45800 Northport Loop W., Fremont, California, 94538
Website
www.penguinsolutions.com
Telephone
1 415 9542800
No of Employees
2,900
Industry
Technology and Communications
Ticker Symbol & Exchange
PENG (NASD)
Revenue (2024)
$1.4B
16.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
148.4%
(2024 vs 2023)
Market Cap*
$3.1B
Net Profit Margin (2024)
XYZ
141.3%
(2024 vs 2023)
* As of and is in US$
Penguin Solutions Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accelerated Computing Solutions: | Design Services | CreeLed |
| OriginAI | Professional Services | SMART |
| ICE ClusterWare | Data Center Services | Stratus |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In July, the company was selected by Voltage Park to provide core professional and managed services and software for its large scale NVIDIA based clusters. |
| 2023 | Contracts/Agreements | In August, Penguin Solutions and Panasas entered into partnership with Cornelis Networks to provide HPC, AI, and IoT technologies, services, and expertise. |
| 2022 | Acquisitions/Mergers/Takeovers | In August, the company acquired Stratus Technologies, a simplified, protected and autonomous computing solutions provider. |
Competitor Comparison
| Key Parameters | Penguin Solutions Inc | Toshiba Corp | Western Digital Corp | Seagate Technology Holdings PLC | Advantech Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | United States of America | Singapore | Taiwan |
| City | Fremont | Kawasaki | San Jose | Dublin | Taipei City |
| State/Province | California | Kanagawa | California | - | - |
| No. of Employees | 2,900 | 95,109 | 40,000 | 30,000 | 6,454 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kash Shaikh | Chief Executive Officer; Director; President | Executive Board | 2026 | - |
| Penelope Herscher | Chairwoman | Executive Board | 2021 | 64 |
| Nate Olmstead | Chief Financial Officer; Senior Vice President | Senior Management | 2024 | - |
| Jack Pacheco | Executive Vice President; President - Integrated Memory; Chief Operating Officer | Senior Management | 2020 | 64 |
| Phil Pokorny | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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