GoPro Announces Definitive Merger to Build AI Data Centers and Defense Optics
GoPro announced a definitive merger with Starman Optical, aiming to expand into AI data center and defense markets, alongside continued support for its existing consumer action-camera products and subscription and cloud platform. Shareholders will receive $285 million in cash ($1.14 per share), and GoPro said its $92 million debt will be repaid at closing.