Raspberry Pi Share News (RPI)

(Alliance News) - Raspberry Pi Holdings PLC on Tuesday said it has signed a strategic partnership with Seco Spa, the Italian provider of 'internet of things' solutions, payment systems and industrial hardware.

The Cambridge, England-based budget computer maker said Seco will offer a human-machine interface solution based on Raspberry Pi's Compute Module 5 product. Raspberry Pi Connect will be incorporated into Seco's software stack, Clea, making Raspberry Pi Connect part of Clea's commercial offering on Raspberry Pi devices.

"The strategic commercial agreement highlights further progress in Raspberry Pi's direct to original equipment manufacturer strategy and is aimed at expanding the business opportunities for both companies through collaboration on hardware and software development," Raspberry Pi said.

The partnership will explore medium-term opportunities in industrial areas such as image recognition, edge artificial intelligence, energy management, smart building, healthcare, coffee & vending and industrial automation.

Raspberry Pi Chief Executive Officer Eben Upton said: "Our enhanced public profile in the wake of June's successful initial public offering has opened doors at multiple industrial-focused original equipment manufacturers, as demonstrated by this exciting new agreement with Seco. Our two companies' combined hardware and software capabilities will allow us to deliver solutions for our mutual customers that address demanding use cases at cost effective price points."

Shares in Raspberry Pi were down 0.2% at 329.40 pence each in London on Tuesday morning. The stock is up 18% from its IPO price of 280p in June.

By Emily Parsons, Alliance News reporter

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