GoPro merges with Starman Optical, pivoting from cameras to AI optics
GoPro announced a definitive merger with Starman Optical valued at $285 million, with GoPro shareholders receiving $1.14 per share and about 10% ownership in the combined company, and roughly $92 million of GoPro's debt repaid at closing. The deal pivots GoPro from consumer cameras to US-made optical transceivers for AI data centers, defense, and robotics, leveraging Starman's photonics and aiming to onshore manufacturing in the US, with closing targeted by year-end 2026.
Business · 19 sources · Sep 9, 2026Read it
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About GoPro
GoPro, Inc. is an American technology company founded in 2002 by Nick Woodman that went public in 2014 on the Nasdaq stock exchange under the ticker GPRO. It manufactures action cameras and develops its own mobile apps and video-editing software. GoPro cameras are widely used for adventure sports, travel recording, and outdoor activities. Founded as Woodman Labs, Inc, the company is based in San Mateo, California.
Everything about GoPro →- Country
- United States
- Headquarters
- San Mateo
- Inception
- 2002
- Website
- http://www.gopro.com/