{"id":"tp-49116","type":"article-newspaper","title":"Penguin Solutions Agrees to Sell Cree LED Business to Transom Capital Group","author":"John Kim","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/49116","datePublished":"2026-11-05T07:16:36.000Z","dateModified":"2026-11-05T07:16:36.000Z","language":"en","abstract":"The purchase agreement was entered into Nov. 3, and Penguin announced it Nov. 4. The company plans to focus on AI data center infrastructure and memory.","section":"Business","references":[{"title":"memory modules for AI inference and data center workloads","url":"https://www.tokenpost.com/news/technology/47658"}]}