• burningmatches@feddit.uk
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    1 year ago

    It’s not being sold off. It’s an investment. Raspberry Pi has suffered from supply shortages that could be mitigated by entering into a partnership with Arm — and which would help further its charitable goals. Sales were down by more than a quarter in 2022 due to shortages.

    And Arm isn’t the only minority shareholder. Sony, which manufactures its boards in Wales, also owns a stake.

    These aren’t unusual commercial decisions to secure manufacturing and supply, and therefore maximise the dividend it pays to the foundation, while retaining majority control.