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Raspberry Pi Prepares for London IPO

CEO Eben Upton reassures hobbyists of their continued importance, expects not-for-profit side to expand significantly.

  • Raspberry Pi, the company behind the popular single-board computers, is preparing for an initial public offering (IPO) on the London Stock Exchange.
  • The IPO is expected to significantly expand the not-for-profit side of Raspberry Pi, potentially by a factor of 2X.
  • CEO Eben Upton has reassured hobbyists and enthusiasts that their importance to the company will not diminish after the IPO.
  • Raspberry Pi was valued at roughly 400 million pounds, or just over $500 million, after ARM took a minority stake in the company in November 2023.
  • The company's decision to go public follows its gradual recovery from pandemic supply chain shortages and the success of the Raspberry Pi 5 launch.
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