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June 15, 2016 12:00 am

The Biggest Maker of Raspberry Pis Has Been Acquired For $871 Million

An anonymous reader writes from a report via The Verge: The biggest manufacturer of the Raspberry Pi minicomputer, Premier Farnell, has been acquired by Swiss industrial component supplier Daetwyler Holding AG for roughly $871 million. According to Bloomberg, the deal will reportedly help both companies compete better in the components market. "By combining forces, we significantly increase our competitiveness and extend our product range," Daetwyler Chairman Ulrich said in a statement, "facilitating a one-stop shopping experience for our wide range of customers from a multitude of industries." Premier Farnell is one of the only companies with a license to design and distribute Raspberry Pis. The Wall Street Journal says the Raspberry Pi devices are a big part of the company's business, as the division in charge of the Pi raked in 16 percent of the company's total revenue last year.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/KcRbN7VXVmA/the-biggest-maker-of-raspberry-pis-has-been-acquired-for-871-million

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