Raspberry Pi confirms London IPO plan

Raspberry Pi, known for its affordable single-board computers, announced plans for an initial public offering (IPO) in London​​​​.

It has been taken as a significant boost for the London market, which has been struggling for new listings of late and, in particular, has been short of tech companies.

The announcement has been well received, and may yet support interest in London IPOs.

“In an ever more connected world, the market for Raspberry Pi's high-performance, low-cost computing platforms continues to expand,” chief executive Eben Upton said in a statement.

“We have the technology roadmap to play an increasingly significant role, and we are excited to embark on the next stage of our growth.”