On the Record · Penguin Solutions
Penguin Solutions acquisitions, on the record
The businesses Penguin Solutions bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
SMART Brazil (81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda.)Word for word“On November 29, 2023, we completed the divestiture of an 81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda. (“SMART Brazil”) to Lexar Europe B.V.” 10-K for 2024 | divestiture | On November 29, 2023 | — |
Storm Private Holdings I Ltd. (together with its subsidiaries, "Stratus Technologies")Word for word“On August 29, 2022, we completed the acquisition of Storm Private Holdings I Ltd., a Cayman Islands exempted company (together with its subsidiaries, “Stratus Technologies”).” 10-K for 2024 | acquisition | On August 29, 2022 | — |
SMART BrazilWord for word“On November 29, 2023, we completed the divestiture of an 81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda. (“SMART Brazil”) to Lexar Europe B.V.” 10-K for 2025 | divestiture | On November 29, 2023 | — |
Stratus TechnologiesWord for word“Acquisition of Stratus Technologies On August 29, 2022, we completed the acquisition of Stratus Technologies.” 10-K for 2025 | acquisition | On August 29, 2022 | — |
SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda. (SMART Brazil)Word for word“On November 29, 2023, we completed the divestiture of an 81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda. (“SMART Brazil”) to Lexar Europe B.V. (“Lexar Europe”), an affiliate of Shenzhen Longsys Electronics Co., Ltd.” 10-K for 2026 | divestiture | On November 29, 2023 | — |
SMART Brazil (remaining 19% interest)Word for word“On March 30, 2026, we sold our remaining 19% interest in SMART Brazil, subsequently renamed Zilia Technologies, completing our divestiture of the business.” 10-K for 2026 | divestiture | On March 30, 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-08-31 | $42.3 million | $4.6 million |
| 2019-08-30 | $76.1 million | $35.4 million |
| 2020-08-28 | $0 | — |
| 2021-08-27 | $35.7 million | — |
| 2022-08-26 | $0 | — |
| 2023-08-25 | $213.1 million | — |
| 2024-08-30 | $0 | — |
| 2025-08-29 | $0 | — |
Deal filings since 2016
- 2026-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-07-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-06-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-12-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-11 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Penguin Solutions’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-10-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.