Wednesday, November 8, 2023
HomeIoTArm acquires minority stake in Raspberry Pi for IoT growth

Arm acquires minority stake in Raspberry Pi for IoT growth


Arm Holdings and Raspberry Pi have entered into an settlement, with Arm investing in Raspberry Pi. The funding has additionally resulted in Arm buying a minority stake in Raspberry Pi, strengthening their long-standing partnership. Collectively, the 2 firms are targeted on collaborating to offer options for the Web of Issues (IoT) developer group.

With the growing demand for edge computing pushed by IoT and AI functions, Raspberry Pi’s guides are empowering people and companies worldwide with reasonably priced and high-performing computing capabilities. This ongoing partnership, established in 2008, has resulted within the launch of quite a few Arm-based Raspberry Pi merchandise catering to college students, fanatics, and industrial builders.

The newest addition to their lineup, Raspberry Pi 5, was launched in late October.

“Arm and Raspberry Pi share a imaginative and prescient to make computing accessible for all, by reducing obstacles to innovation in order that anybody, wherever can be taught, expertise, and create new IoT options,” stated Paul Williamson, a senior vp and common supervisor of the Web of Issues enterprise at Arm. “With the fast development of edge and endpoint AI functions, platforms like these from Raspberry Pi, constructed on Arm, are essential to driving the adoption of high-performance IoT units globally by enabling builders to innovate sooner and extra simply. This strategic funding is additional proof of our continued dedication to the developer group and to our partnership with Raspberry Pi.”

“Arm expertise has all the time been central to the platforms we create, and this funding is a crucial milestone in our longstanding partnership,” stated Eben Upton, a CEO at Raspberry Pi. “Utilizing Arm expertise as the muse of our present and future merchandise provides us entry to the compute efficiency, power effectivity, and intensive software program ecosystem we want, as we proceed to take away obstacles to entry for everybody, from college students and fanatics to skilled builders deploying industrial IoT methods at scale.”

Touch upon this text beneath or by way of X: @IoTNow_





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