M&A Deal Summary

Penguin Computing Acquires Colorado Code Craft

On November 16, 2022, Penguin Computing acquired information technology company Colorado Code Craft

Acquisition Highlights
  • This is Penguin Computing’s 1st transaction in the Information Technology sector.
  • This is Penguin Computing’s 1st transaction in the United States.
  • This is Penguin Computing’s 1st transaction in Colorado.

M&A Deal Summary

Date 2022-11-16
Target Colorado Code Craft
Sector Information Technology
Buyer(s) Penguin Computing
Deal Type Add-on Acquisition

Target

Colorado Code Craft

Wheat Ridge, Colorado, United States
Colorado Code Craft operates at the intersection between cloud security and high-speed collaboration and provides secure remoting and collaboration solutions for consumers and enterprises. Colorado Code Craft is based in Wheat Ridge, Colorado.

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Buyer(S) 1

Buyer

Penguin Computing

Fremont, California, United States

Category Company
Sector Technology Hardware
DESCRIPTION

Penguin Computing, Inc. is a provider of specialty compute and storage solutions targeting applications in Artificial Intelligence (AI), Machine Learning (ML) and High-Performance Computing (HPC) using state-of-the-art, open technologies and advanced industry architectures.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1