Raspberry Pi Holdings

Last updated

Raspberry Pi Holdings plc
Company type Public
LSE:  RPI
Industry Technology
Founded2012
Headquarters Cambridge, England
Key people
Martin Hellawell (Chairman)
Eben Upton (CEO)
Products Raspberry Pi
RevenueIncrease2.svg $265.8 million (2023) [1]
Increase2.svg $37.5 million (2023) [1]
Increase2.svg $31.6 million (2023) [1]
Website www.raspberrypi.com

Raspberry Pi Holdings plc is a British technology business focused on designing and manufacturing single-board computers (SBCs) and modules, marketed as Raspberry Pi, for use by private individuals, including enthusiasts, and businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

In 2012, a charity established to promote the study of computer science, the Raspberry Pi Foundation, set up a new commercial entity responsible for developing and manufacturing its computers, namely Raspberry Pi (Trading) Ltd. [2] It installed Eben Upton as CEO. [3]

One of the company's objectives was to make the product affordable to schools and school children and, in 2015, it launched the Raspberry Pi Zero at a selling price of US$5 or £4. [4]

In 2021, Raspberry Pi (Trading) Ltd changed its name to Raspberry Pi Ltd. [2] [5] Its newly-formed holding company, Raspberry Pi Holdings, was the subject of an initial public offering on the London Stock Exchange in June 2024. [6] [7] [8] [9] As a result of the initial public offering, Raspberry Pi Holdings' largest shareholder, the Raspberry Pi Foundation, was diluted from holding 77.31% of the company to just 49.08% of it. [1]

Operations

The company uses Broadcom as supplier of system on a chip components and Sony as manufacturer of most of its products. [10] As of June 2024, the company had sold 60 million single-board computers. [11]

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References

  1. 1 2 3 4 "Prospectus". Raspberry Pi Holdings. Retrieved 24 August 2024.
  2. 1 2 "Raspberry Pi Ltd". Companies House. Retrieved 24 August 2024.
  3. "Eben Upton CBE". Archives of IT. Retrieved 24 August 2024.
  4. "Raspberry Pi Zero, at swag store". Archived from the original on 8 February 2016.
  5. Upton, Liz (6 October 2021). "Welcome to our new website!". raspberrypi.com. Retrieved 24 August 2024.
  6. "Raspberry Pi Holdings". www.londonstockexchange.com. Retrieved 24 August 2024.
  7. Weatherbed, Jess (15 May 2024). "Raspberry Pi prepares to go public and expand its lineup of supercheap computers". The Verge. Retrieved 25 August 2024.
  8. Pounder, Les (22 May 2024). "$40 million Raspberry Pi IPO is set for June". Tom's Hardware. Retrieved 24 August 2024.
  9. Kharpal, Arjun (11 June 2024). "Computing firm Raspberry Pi pops 31% in rare London market debut". CNBC. Retrieved 24 August 2024.
  10. "Why Raspberry Pi's IPO success bodes well for other tech firms listing in the UK". A. J. Bell. 19 June 2024. Retrieved 24 August 2024.
  11. "Raspberry Pi shares soar on stock market debut". BBC News. 11 June 2024. Retrieved 24 August 2024.