Raspberry Pi Betraying the Community With IPO?
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The Register UK ☛ Raspberry Pi on IPO plans: 'We want to be ready when the markets are ready'
The Raspberry Pi company is again preparing the ground for an initial public offering (IPO), appointing bankers Peel Hunt and Jefferies ahead of a planned listing on the London Stock Exchange.
CEO Eben Upton told The Register that the organization was still early in the process: "We want to be ready when the markets are ready.
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Tom's Hardware ☛ Raspberry Pi appoints London based bankers for IPO listing, possible big win for UK financial capital
It is still early days, but Raspberry Pi is in the preliminary stages of listing on the London Stock Exchange (LSE). Raspberry Pi has previously considered an IPO. Way back in 2021, we reported on a possible Spring 2022 listing, which saw Raspberry Pi valued at around $493 million. That listing never came to be, and since then, Raspberry Pi has raised money from both Arm Holdings Plc and Sony Group Corp (semiconductor division). Arm, of course, is the source of the Arm CPUs used in all models of Raspberry Pi. The Sony connection stems from a minority stake investment announced in April 2023. The investment was made with a "view to forming a strategic collaborative Edge AI development framework." Sony is also responsible for the manufacture of Raspberry Pi boards and products in Pencoed, South Wales.
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Raspberry Pi ☛ Celebrating the community: Sahibjot
Meet Sahibjot, a 14-year-old coding enthusiast whose journey into coding was inspired by a want to create things for others.