The biggest maker of Raspberry Pis was just acquired for $871 million

Premier Farnell, the biggest maker of the wildly popular Raspberry Pi minicomputer, is now being acquired by Daetwyler Holding AG, a Swiss industrial component supplier, for approximately $871 million. According to Bloomberg, the union will reportedly allow both companies to better compete in the components market.

“By combining forces, we significantly increase our competitiveness and extend our product range,” Daetwyler Chairman Ulrich Graf said in a statement, “facilitating a one-stop shopping experience for our wide range of customers from a multitude of industries.”

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