Raspberry Pi receives strategic investment from Arm
Arm has announced a strategic investment in Raspberry Pi Ltd. (“RPL”), having reached an agreement that includes the acquisition of a minority stake in the latter. As reported by TechPowerup, this move is designed to deepen the longstanding partnership between the two entities, offering vital solutions for the Internet of Things (IoT) development community.
With the escalating demand for edge computing, and the increasingly sophisticated requirements of IoT and Artificial Intelligence (AI) applications, Raspberry Pi’s solutions are democratizing the power of low-cost, high-performance computing for users and enterprises across the globe. Arm states that this investment reinforces a collaborative relationship initiated in 2008, throughout which a multitude of Arm architecture-based Raspberry Pi products have been launched for students, enthusiasts, and commercial developers, with the recent flagship, the Raspberry Pi 5, also hitting the market.
Paul Williamson, Senior Vice President and General Manager of Arm’s IoT business, asserts that the shared vision of the partnership is to democratize computing by dismantling the barriers to innovation, enabling anyone, anywhere, to learn, explore, and create novel IoT solutions. As applications for edge and AI surge, platforms built on Arm, like Raspberry Pi, are crucial in propelling the adoption of high-performance IoT devices globally, enabling developers to innovate more rapidly and with greater ease. This strategic investment is a testament to Arm’s ongoing commitment to the developer community and its valued partnership with Raspberry Pi Ltd.
