M&A Deal Summary |
|
|---|---|
| Date | 2011-04-26 |
| Target | Smart Modular Technologies |
| Sector | Technology Hardware |
| Buyer(s) | Penguin Solutions |
| Deal Type | Add-on Acquisition |
| Deal Value | 645M USD |
| Advisor(s) | Barclays Investment Bank (Financial) Kaye Scholer LLP Davis Polk & Wardwell (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Semiconductors |
| Employees | 2,900 |
| Revenue | 1.4B USD (2025) |
Penguin Solutions enable AI and demanding, critical IT and OT workloads by simplifying and advancing data center and edge infrastructure through high-performance and high-availability solutions and services. Penguin Solutions offers dynamic random access memory modules, solid-state and flash storage, and other advanced 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. Penguin Solutions was founded in 1988 and is headquartered in Fremont, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2011 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-29 |
Stratus
Maynard, Massachusetts, United States Stratus is a developer, manufacturer, and marketer of highly specialized 'fault tolerant' servers 'mission critical' computing applications. Stratus’ flexible solutions – software, platform and services – prevent downtime before it occurs and ensure uninterrupted performance of essential business operations. Stratus was founded in 1980 and is based in Maynard, Massachusetts. |
Buy | $225M |
