Acquisitions

Raspberry maker sold to Swiss firm for £700m

Raspberry Pi’s manufacturer Premier Farnell is being bought by Swiss electronics firm Daetwyler Holdings for 1bn Swiss francs (around £700 million).

Daetwyler distributes more than 500,000 electronics products under brands including Nedis.

Premier Farnell recently cut shareholder dividends and sold its industrial products business Akron Brass for $224 million.

With over 8 million units sold since 2012, the Raspberry Pi mini computer is the most popular British computer ever made.

It has been used by hobbyists and young coders in schools and the home, and an extensive ecosystem has been generated around the Pi, with developers providing a large range of add-ons for the device.

The introduction of the BBC micro:bit across all schools for free however may provide tough competition for the Raspberry, and the BBC machine is now also generally available to buy, putting further pressure on.

@AntonySavvas

Antony Savvas

York, UK-based Antony Savvas has been a technology journalist for 25 years and has expertise in all major areas of enterprise and consumer IT. He has worked for a number of leading technology magazines and websites and his work is syndicated across the internet. He also undertakes corporate work for some of the world's leading technology companies.

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