Wednesday, 15 June 2016

Premier Farnell Sold to Swiss Firm

According to this article in the Guardian, Premier Farnell, the electronics parts distributor who is also a UK manufacturer of the Raspberry Pi, is going to be sold to D├Ątwyler. Their share price immediately rose 50%, closing at just under the Swiss firm’s offer price.

Farnell itself had been on a binge, according to Wikipedia anyway, buying up electronics distributorships in Poland, India, and the US. In 2009, they bought Cadsoft, the makers of Eagle CAD software. Now they’re being sold to another distributor.

Bloomberg writes this up as being just more consolidation in an already consolidating market. What any of this will mean for the hacker on the street is anyone’s guess, but we’re putting our money on it amounting to nearly nothing. But still, now’s the time to stock up on your genuine UK-owned, made-in-UK Pis before they become Swiss-owned and made who knows where.


Filed under: news

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