Arm picks up a minority stake in Raspberry Pi

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Arm has made a 'strategic investment' in Raspberry Pi. The former likely wants to have more of a foothold in the Internet of Things ecosystem.

CPUs since its inception in 2008. The two companies have now formed tighter bonds as Arm has picked up a minority stake in Raspberry Pi. The terms of the deal have not been disclosed. However, the companies say it's a "strategic investment" on Arm's part.

It seems that Arm wants to gain more of a foothold in the Internet of Things ecosystem.

 

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