GoPro Sells 90% Stake to Starman Optical for $285 Million
The action camera maker survives as a public company, but its future now runs through AI data center hardware, with its optical and imaging IP pointed at defense, government, robotics, and aerospace markets.
Reporting from 1 source: GIGAZINE.
GoPro, struggling with cost increases and falling sales tied to the global memory shortage, has signed a merger agreement to sell 90% of its shares to Starman Optical, a private maker of optical transceivers for AI data centers. The deal is worth $285 million in cash. GoPro keeps the remaining 10%. The merger needs shareholder and regulatory approval and is expected to close around the end of 2026.
GoPro will remain a listed company after the merger closes, and it will keep supporting its consumer products, subscription service, and cloud platform while investing in a broader product roadmap. Starman Optical's US-made optical transceivers are set to join the GoPro portfolio, which is how the camera maker enters the AI infrastructure market.
The deal also points GoPro's intellectual property and optical and imaging capabilities at defense, government, robotics, and aerospace, betting on rising demand for American-made products as Trump urges companies to manufacture domestically. The merger is subject to shareholder and regulatory approval, with completion expected around the end of 2026.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.