News Score: Score the News, Sort the News, Rewrite the Headlines

PC Maker Raspberry Pi, Backers Seek £157 Million in Rare UK IPO

British personal computer maker Raspberry Pi and its shareholders are looking to raise £157 million ($200 million) via an initial public offering in London, offering a ray of hope for tech listings in the financial hub. Raspberry Pi is looking to raise $40 million of fresh funding, while Raspberry Pi Foundation, a UK charity aimed at promoting computer science to young people and the firm’s main shareholder, will also sell some existing shares, according to a statementBloomberg Terminal on Mond...

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines