ARM takes stake in Raspberry Pi
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ARM Holdings has acquired a stake in UK board maker Raspberry Pi.
The minority stake extends a long-term partnership between the two companies for IoT and AI applications. The size of the investment or the value was not disclosed. Sony, which makes the boards in South Wales, UK, took a stake in Raspberry Pi worth £4.2m back in April this year.
The latest board uses a new chip from Broadcom based on ARM cores, and the company developed its own microcontroller silicon using ARM cores.
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“ARM and Raspberry Pi share a vision to make computing accessible for all, by lowering barriers to innovation so that anyone, anywhere can learn, experience and create new IoT solutions,” said Paul Williamson, SVP and GM, Internet of Things Line of Business at ARM.
“With the rapid growth of edge and endpoint AI applications, platforms like those from Raspberry Pi, built on Arm, are critical to driving the adoption of high-performance IoT devices globally by enabling developers to innovate faster and more easily. This strategic investment is further proof of our continued commitment to the developer community and to our partnership.”
- $45m for expansion
- Raspberry Pi uses its own silicon for $4 board
- Direct sales of microcontroller starts
“ARM technology has always been central to the platforms we create, and this investment is an important milestone in our longstanding partnership,” said Eben Upton, CEO of Raspberry Pi, above.
“Using ARM technology as the foundation of our current and future products offers us access to the compute performance, energy efficiency and extensive software ecosystem we need, as we continue to remove barriers to entry for everyone, from students and enthusiasts, to professional developers deploying commercial IoT systems at scale.”
ARM owner Softbank floated a 10% stake in ARM on the Nasdaq stock market in September.
www.raspberrypi.com; www.arm.com
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