The little computer that could gets ready for an IPO
Raspberry Pi Ltd is considering an Initial Public Offering and today published figures showing just how important commercial customers have become to the company.
However, although the PC maker said the enthusiast and education market represented the"heart" of the Raspberry Pi movement, it also admitted the industrial and embedded sector accounted for 72 percent of sales in 2023, while the enthusiast and education sector accounted for 28 percent. He said:"A remarkable ecosystem of individuals and businesses has grown around Raspberry Pi, supporting both the enthusiast and industrial markets to innovate and succeed with our products.
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