• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Penguin Solutions Signs Agreement with CDW Expanding Customer Reach for AI Infrastructure Offerings

    5/6/25 11:00:00 AM ET
    $PENG
    Semiconductors
    Technology
    Get the next $PENG alert in real time by email

    Penguin Solutions, Inc. (Penguin Solutions, Nasdaq: PENG) today announced a new strategic agreement with CDW, which will make the full portfolio of Penguin Solutions' AI infrastructure offerings available to CDW's customer base. Penguin Solutions' OriginAI® factory infrastructure solution and its unique set of management software tools and services provide the foundation to design, build, deploy and manage GPU clusters and drive AI success for companies of any size in any industry.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250506240164/en/

    Penguin Solutions announced a new strategic agreement with CDW making the full portfolio of Penguin Solutions' AI infrastructure offerings, including its OriginAI infrastructure and ICE ClusterWare management software, available to CDW's broad customer base.

    Penguin Solutions announced a new strategic agreement with CDW making the full portfolio of Penguin Solutions' AI infrastructure offerings, including its OriginAI infrastructure and ICE ClusterWare management software, available to CDW's broad customer base.

    The comprehensive suite includes Penguin Solutions' servers, ICE ClusterWare™ management software that controls GPU clusters and peripheral elements from a user-friendly dashboard, along with expert services to optimize processes. Furthermore, Penguin Solutions' software and services interoperate with infrastructure from other providers, delivering critical optionality to end customers. Additionally, CDW can sell the complete solution or individual components -- meaning CDW can leverage Penguin's domain expertise to deliver AI solutions to customers with all levels of IT capabilities and requirements.

    "As organizations of all sizes across all industries consider their AI goals, a critical step is simplifying the engagement process—exactly what our comprehensive, flexible OriginAI® solutions and expert services enable," said Dave Osborne, SVP of Alliances and Partnerships for Penguin Solutions. "Aligning with a partner the size and scale of CDW will bring our best-in-class solutions and expertise to a broader customer base. Whether customers have existing AI infrastructure or are just starting out, we're enabling organizations to successfully deploy AI."

    "As we continue to expand our Data and AI practice, Penguin Solutions is an ideal partner that provides the expertise and proven solutions our customers need to succeed in their AI projects," said Adam Weiss, vice president of financial services for CDW. "This product suite and the resources the Penguin team provides is especially compelling as it relates to unlocking the many benefits of high-performance computing for CDW customers across the broad spectrum of industries we serve."

    AI offerings from Penguin Solutions are built on more than 25 years of HPC experience and 2 billion hours of GPU runtime data across the nearly 100,000 GPUs deployed and managed by Penguin Solutions. The OriginAI® solution achieves optimized infrastructure availability by leveraging proven reference architectures, predictive analytics and best in class services to reduce implementation risks, accelerate time to value, and enhance performance.

    Penguin Solutions, OriginAI, and ICE ClusterWare are trademarks or registered trademarks owned within the family of companies owned by Penguin Solutions, Inc. All other trademarks are the property of their respective owners.

    About Penguin Solutions

    The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our computing, memory, and LED lines of business. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities.

    For more information, visit https://www.penguinsolutions.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250506240164/en/

    Media Contact

    Maureen O'Leary

    Director, Corporate Communications

    602-330-6846

    [email protected]

    Get the next $PENG alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $PENG

    DatePrice TargetRatingAnalyst
    3/31/2025$20.00Neutral
    Analyst
    1/7/2025$30.00Buy
    Loop Capital
    11/18/2024$23.00Mkt Outperform
    JMP Securities
    11/1/2024$21.00Buy
    Goldman
    10/16/2024$35.00 → $25.00Buy
    Needham
    More analyst ratings

    $PENG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SVP and Pres, Optimized LED Clark Joseph Gates sold $39,865 worth of Ordinary Shares (2,278 units at $17.50), decreasing direct ownership by 3% to 84,359 units (SEC Form 4)

      4 - Penguin Solutions, Inc. (0001616533) (Issuer)

      5/5/25 4:09:09 PM ET
      $PENG
      Semiconductors
      Technology
    • EVP, COO, Pres, Integrated Mem Pacheco Jack A covered exercise/tax liability with 2,159 units of Ordinary Shares, decreasing direct ownership by 0.93% to 229,389 units (SEC Form 4)

      4 - Penguin Solutions, Inc. (0001616533) (Issuer)

      4/22/25 4:37:41 PM ET
      $PENG
      Semiconductors
      Technology
    • SVP and CFO Olmstead Nathan covered exercise/tax liability with 557 units of Ordinary Shares, decreasing direct ownership by 0.65% to 85,375 units (SEC Form 4)

      4 - Penguin Solutions, Inc. (0001616533) (Issuer)

      4/22/25 4:35:09 PM ET
      $PENG
      Semiconductors
      Technology

    $PENG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Analyst initiated coverage on Penguin Solutions with a new price target

      Analyst initiated coverage of Penguin Solutions with a rating of Neutral and set a new price target of $20.00

      3/31/25 8:16:54 AM ET
      $PENG
      Semiconductors
      Technology
    • Loop Capital initiated coverage on Penguin Solutions with a new price target

      Loop Capital initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $30.00

      1/7/25 8:18:21 AM ET
      $PENG
      Semiconductors
      Technology
    • JMP Securities initiated coverage on Penguin Solutions with a new price target

      JMP Securities initiated coverage of Penguin Solutions with a rating of Mkt Outperform and set a new price target of $23.00

      11/18/24 7:54:38 AM ET
      $PENG
      Semiconductors
      Technology

    $PENG
    Financials

    Live finance-specific insights

    See more
    • Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call

      Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428 (

      6/18/25 4:05:00 PM ET
      $PENG
      Semiconductors
      Technology
    • Penguin Solutions Reports Q2 Fiscal 2025 Financial Results

      Revenue up 28% compared with year-ago quarter Company raises midpoint of annual revenue outlook Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ: PENG) today reported financial results for the second quarter of fiscal 2025 and announced the planned retirement of Chief Operating Officer ("COO") and President of Integrated Memory Jack Pacheco. Second Quarter Fiscal 2025 Highlights Net sales of $366 million, up 28.3% versus the year-ago quarter GAAP gross margin of 28.6%, down 20 basis points versus the year-ago quarter Non-GAAP gross margin of 30.8%, down 70 basis points versus the year-ago quarter GAAP diluted EPS of $0.09 versus $(0.26) in the y

      4/2/25 4:05:00 PM ET
      $PENG
      Semiconductors
      Technology
    • Penguin Solutions Announces Second Quarter Fiscal 2025 Financial Conference Call

      Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its second quarter fiscal year 2025 earnings after market close on Wednesday, April 2, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q2 FY25 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428

      3/12/25 4:05:00 PM ET
      $PENG
      Semiconductors
      Technology

    $PENG
    SEC Filings

    See more
    • SEC Form 15-12G filed by Penguin Solutions Inc.

      15-12G - Penguin Solutions, Inc. (0001616533) (Filer)

      6/30/25 5:19:01 PM ET
      $PENG
      Semiconductors
      Technology
    • SEC Form S-8 POS filed by Penguin Solutions Inc.

      S-8 POS - Penguin Solutions, Inc. (0001616533) (Filer)

      6/30/25 5:16:33 PM ET
      $PENG
      Semiconductors
      Technology
    • SEC Form S-8 POS filed by Penguin Solutions Inc.

      S-8 POS - Penguin Solutions, Inc. (0001616533) (Filer)

      6/30/25 5:15:04 PM ET
      $PENG
      Semiconductors
      Technology

    $PENG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Penguin Solutions Completes Redomiciliation to the United States

      Penguin Solutions, Inc., a Delaware corporation (Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the completion of the redomiciliation process to change the parent company of the Penguin Solutions group of companies from a Cayman Islands company to a Delaware corporation. The redomiciliation was accomplished by way of a Cayman Islands Scheme of Arrangement and was approved by an overwhelming majority of Penguin Solutions' shareholders at a Scheme Meeting held on June 16, 2025. The Grand Court of the Cayman Islands sanctioned the Scheme on June 25, 2025, and on the same date, the Scheme of Arrangement became effective in accordance with its terms upon the delivery of the

      6/30/25 4:35:00 PM ET
      $PENG
      Semiconductors
      Technology
    • Penguin Solutions Strengthens Balance Sheet with Refinancing

      Reduces Leverage, Extends Overall Debt Maturity, and Establishes $400M Revolving Credit Facility Penguin Solutions, Inc. ("Penguin Solutions" or the "Company") (Nasdaq: PENG) today announced that it has completed a refinancing of its credit facilities via a $400 million Revolving Credit Facility, which includes a $35 million letter of credit subfacility (collectively, the "Credit Facilities"). "This refinancing represents a significant financial milestone for the Company," said Nate Olmstead, chief financial officer. "As part of the transaction, the Company has meaningfully reduced leverage while also extending our overall debt maturity. This new financing provides future flexibility fo

      6/26/25 9:00:00 AM ET
      $PENG
      Semiconductors
      Technology
    • Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call

      Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428 (

      6/18/25 4:05:00 PM ET
      $PENG
      Semiconductors
      Technology

    $PENG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Penguin Solutions Inc.

      SC 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)

      11/14/24 12:06:26 PM ET
      $PENG
      Semiconductors
      Technology
    • SEC Form SC 13G filed by Penguin Solutions Inc.

      SC 13G - Penguin Solutions, Inc. (0001616533) (Subject)

      11/12/24 10:34:15 AM ET
      $PENG
      Semiconductors
      Technology