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The news feed for Penguin Solutions, Inc. (associated in SEC filings with SMART Global Holdings, Inc. ordinary shares) highlights developments across its Advanced Computing, Integrated Memory, and Optimized LED activities. Company announcements describe Penguin Solutions as supporting customers through computing, memory, and LED lines of business, with brands such as SMART Modular Technologies, Cree LED, and Stratus playing key roles.
News related to SMART Modular Technologies covers integrated memory solutions and milestones in emerging memory technologies. For example, SMART Modular has announced that its CXL (Compute Express Link) memory add-in cards passed CXL 2.0 compliance testing and were listed on the CXL Consortium’s Integrators’ List, emphasizing standards-based interoperability for high-performance computing environments.
Cree LED news items focus on LED chips and components and the company’s intellectual property. Recent releases include a patent infringement lawsuit filing and a multi-year global patent license agreement with Daktronics for LED display technology, reflecting Cree LED’s long history of LED innovation and its extensive patent portfolio.
Stratus news highlights high-availability, fault-tolerant computing platforms for industrial automation and critical infrastructure. Announcements describe participation in industry events and demonstrations of edge-to-cloud smart manufacturing and cybersecurity solutions running on Stratus platforms such as ztC Edge.
Penguin Solutions also issues corporate news on financial results, strategic investments, and collaborations. Examples include quarterly financial results for fiscal 2025, a strategic investment from SK Telecom, and a collaboration agreement with SK Telecom and SK hynix to pursue AI data center solutions. Investors and observers can use this news stream to follow segment performance, technology updates, and corporate actions that shape Penguin Solutions’ role in advanced computing, integrated memory, and LED markets.
Cree LED, a division of SGH, has launched its new XLamp® Pro9™ LEDs, which offer up to 15% higher efficacy for 90 and 95 color rendering index (CRI) without compromising color quality. These LEDs provide the same performance as standard 80 CRI LEDs, enhancing light output and efficiency in commercial applications. Pro9 LEDs feature the highest operating temperature rating of 105°C and share mechanical and electrical characteristics with standard LEDs, allowing for easy upgrades by lighting manufacturers.
SMART Global Holdings, Inc. (SGH) reported its Q1 FY23 financial results, achieving net sales of $465 million, a 6.3% increase from the previous quarter. The GAAP gross margin improved to 25.4%, while non-GAAP gross margin reached a record 27.8%. GAAP EPS declined to $0.10 from $0.40 in the prior quarter, while non-GAAP EPS was $0.79, a slight dip from $0.80. The company closed its acquisition of Stratus Technologies on August 29, 2022. For Q2 FY23, SGH projects net sales between $410 million and $460 million.
SGH company, Cree LED, and Star Headlight & Lantern Co. have settled a patent infringement dispute. Cree LED has granted Star a limited license to certain patents related to LED components, demonstrating a mutually beneficial resolution. This agreement may enhance Star's product offering while allowing Cree LED to maintain its intellectual property rights.
SMART Global Holdings (SGH) has announced its upcoming quarterly financial conference call scheduled for January 3, 2023, at 1:30 PM PST, to discuss its first quarter fiscal year 2023 earnings. The results will be released prior to the call. Investors can access the live webcast on the SGH investor relations website. A telephonic replay will also be available for one week following the event. SGH continues to focus on enhancing technologies in computing, memory, and LED lighting solutions, aiming to foster strategic partnerships and growth opportunities.
SMART Modular Technologies, a division of SGH, has launched the DC4800 PCIe Gen 4 family of solid-state drives (SSDs) designed for high-performance data centers.
These SSDs boast a specialized controller for power efficiency and high reliability, achieving up to 99.99999% latency consistency. Available in capacities up to 7.68TB and compliant with the Open Compute Project standards, they are currently being sampled by various OEMs.
Penguin Solutions has acquired all software and intellectual property assets of Colorado Code Craft, enhancing its portfolio in high-performance computing (HPC), AI, and cloud solutions. This acquisition aims to provide secure remote access to data and applications, improving workflows for data scientists and researchers. The definitive agreement was signed on November 7, 2022, but financial terms were not disclosed. The integration of Colorado Code Craft's technology is expected to bolster Penguin’s offerings, including the Scyld Cloud Workstation and its new Scyld Cloud Central platform.
Penguin Solutions has launched the Scyld Cloud Central control plane, a cloud-native solution designed to enhance HPC and AI deployment across on-premises and cloud environments. This offering simplifies cluster deployment and user experience while providing cost management options. The partnership with Google Cloud allows users to rapidly deploy customized HPC/AI environments and seamlessly integrate existing clusters. The platform features pre-integration with popular tools and flexible scaling options, ensuring efficiency and performance for data scientists and researchers.
Penguin Solutions has announced the launch of new versions of Scyld ClusterWare and Scyld Cloud Workstation software during Supercomputing 2022. The updated Scyld ClusterWare 12.0, expected in Q1 2023, features significant performance and stability improvements alongside a new user interface. Meanwhile, Scyld Cloud Workstation 12.1 is now available, offering a 60fps frame rate and up to 4K resolution. These upgrades aim to enhance management and productivity in high-performance computing (HPC) environments.
Stratus Technologies, a leading provider of Edge Computing solutions and a subsidiary of SGH, will present at the Automation Fair in Chicago on November 16-17, 2022. The company will showcase Enginuity Global's digital transformation project at QuarterNorth Energy's Bullwinkle production platform, highlighting their successful upgrade to a PlantPAx DCS system in just 45 days. Stratus will demonstrate its Edge Computing solutions and discuss industry best practices for optimizing operations and enhancing cybersecurity.
SMART Modular Technologies, a division of SGH, has introduced new DDR5 16GB and 32GB Very Low Profile Error-Correction Code Unbuffered Dual In-Line Memory Modules (VLP ECC UDIMM). These modules are tailored for 1U blade servers in networking, compute, and storage applications, enhancing space efficiency and power management. The DDR5 modules support higher speeds and densities compared to DDR4, enabling up to 384GB capacity in 1U systems. Industrial temperature-grade options are available for extreme conditions, while features like anti-sulfur resistors ensure reliability.