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Raspberry Pi becomes a public company
(www.theregister.com)
This is the best summary I could come up with:
Introduced in 2014, the Pi gained the familiar 40-pin GPIO header and 512MB of RAM, yet it can hardly be called a ball of fire when compared to more modern hardware from the company.
Pi supremo Eben Upton was delighted with how things have gone so far and said in a statement: "The reaction that we have received is a reflection of the world-class team that we have assembled and the strength of the loyal community with whom we have grown.
"Welcoming new shareholders alongside our existing ones brings with it a great responsibility, and one that we accept willingly, as we continue on our mission to make high-performance, low-cost computing accessible to everyone."
Some users have expressed mixed feelings about the IPO, noting that the money would be helpful for R&D and new projects, however, the flotation underlines the fact that the company is a business.
As for the future, Upton told The Register earlier this year that while he remains at the helm of the organization, it would continue to do interesting work and try to keep making money.
The Reg hopes this is the case, but think it's fair to say that pleasing both the corporation's customers and shareholders might end up being more challenging than obtaining a Raspberry Pi 5 at launch.
The original article contains 498 words, the summary contains 216 words. Saved 57%. I'm a bot and I'm open source!
