Arm acquires minority stake in single-board computer maker Raspberry Pi

Arm acquires minority stake in single-board computer maker Raspberry Pi - Arm IPO - Arm company - Arm IPO ticker - Arm IPO s

Last updated 11 month ago

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Arm acquires minority stake in single-board computer maker Raspberry Pi



What simply befell? Arm Holdings has received a minority stake in unmarried-board pc market Raspberry Pi. The funding extends a long-running partnership that started out in 2008, roughly four years before the first Raspberry Pi launched.

Founder Ebon Upton, in case you recall, started out working on what could finally turn out to be Raspberry Pi in 2006. The first Pi pc went on sale in February 2012 for $35 and promptly sold out.

Paul Williamson, SVP and GM of the Internet of Things department at Arm, stated the two proportion a imaginative and prescient of creating computing handy to all by using lowering boundaries to innovation, such that every person, everywhere can research and create new IoT answers. Upton stated using ARM generation as the foundation for current and future products offers them access to the overall performance, performance, and software environment they want.

Financial terms of the funding were no longer shared, nor do we understand the scale of the stake Arm is shopping.

This isn't the first time Raspberry Pi has offered off stocks in its challenge. Back in April, Sony Semiconductor Solutions invested an undisclosed sum in Raspberry Pi. Upton at the time stated Sony bought in at a $500 million valuation.

Raspberry Pi struggled at some point of the pandemic due to the worldwide chip scarcity, however appears to mostly be returned heading in the right direction as 2023 winds down. In September, the outfit started out accepting pre-orders for a new board that at first wasn't predicted to arrive until next 12 months.

The Raspberry Pi five capabilities a 2.Four GHz quad-center, sixty four-bit Arm Cortex-A76 processor this is paired with a VideoCore VII GPU, which supports OpenGL ES three.1 and Vulkan 1.2. The combination is right for a 2-3x CPU pace development and two times the GPU performance as compared to its predecessor, and there's also a lot greater I/O bandwidth. The Pi 5 is capable of driving 4K60 displays simultaneously over HDMI and additionally supports twin-band 802.11 ac Wi-Fi and Bluetooth five.0.

Pricing starts offevolved at $60 for a version with four GB, but appropriate success finding any in inventory.

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