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Raspberry Pi becomes a public company
(www.theregister.com)
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this post was submitted on 11 Jun 2024
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In general the reasons could be, an opportunity to raise capital meaning they can ramp up production or produce a better product, and/or the current owners want to cash out.
Most of the time is for the owner to cash out. Either now, or in a short time when the ramp up is done, for more money.