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Raspberry Pi to become a public company
The makers of the Raspberry Pi have filed documents with the London Stock Exchange saying that the tiny hobbyist computers will soon be sold by a publicly traded company, Raspberry Pi Limited.
The filing, published May 15, said that the Pi has developed a “strong track record of revenue growth and profitability,” having pulled in $266 million in revenue over the course of 2023. Its products are sold in 70 different countries, and Raspberry Pi has partnered up with numerous major technology companies, including Sony and Arm.
Since 2021, Raspberry Pi has been part of the semiconductor market, as well, having launched the RP2040 microcontroller in that year. The company also boasts an extensive sales channel, with more than 100 resellers, as well as licensing arrangements with manufacturer Premier Farnell.
