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Hardware & electrical equipment

Raspberry Pi reportedly mulls retail offer as part of IPO

Raspberry Pi is considering offering shares to its global fan base of computer hobbyists as part of its London IPO, according to the Daily Telegraph.

Eben Upton, CEO, mentioned the possibility of a retail offer, highlighting the company's success in selling 58 million units of its microcomputers, ranging from £3.90 to under £60, the paper said.

Founded to inspire a new generation in computing, Raspberry Pi has revolutionised DIY computing with its versatile, low-cost devices.

An indicative price tag is yet to be placed on the UK computer group, though its last fundraising round valued the business at just over £440 million.

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