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]

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.
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