this post was submitted on 04 Nov 2023
60 points (100.0% liked)
Technology
37742 readers
659 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.