Penguin Solutions to sell Cree LED to Transom
Penguin Solutions Inc of Fremont, CA, USA Penguin Solutions (which designs, builds and manages next-generation data centers for enterprises, sovereign AI initiatives, and neocloud providers) has agreed to sell its business Cree LED Inc of Durham, NC, in an all-cash transaction to Transom Capital Group of Los Angeles, CA, an operations-focused middle-market private equity firm...
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