Tech Company M&A Transactions
Penguin Computing Acquisition
Operating out of Fremont, Penguin Computing was bought by SMART Global Holdings. The transaction price was $85 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/13/2018
Transaction Type
M&A
Amount
$85,000,000
M&A Terms
SMART has agreed to acquire Penguin for up to $85 million, which includes up to $25 million of performance-based payments that are made only if certain agreed-upon targets are achieved.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
45800 Northport Loop West
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
Penguin Computing is the leading innovator of highly scalable Linux cluster, server and workstation platforms based on open standards hardware and software.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Coull
Chief Financial Officer
Lisa Cummins
Chief Technical Officer
Phillip Pokorny
VP - Bus. Development
Matt Jacobs
VP - Engineering
Andreas Junge
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