GoPro has been acquired and is getting into ‘defense, government, robotics and aerospace’
GoPro suddenly looks like a very different company than it did just last week. First, YouTuber Mark “Markiplier” Fischbach became the company’s single largest shareholder, without disclosing that in a sponsored review that came out a week later. Now, almost the entire company has been bought by Starman Holding for $285 million in cash, which Starman is characterizing as a “merger.”
While GoPro has always been best known as the company that makes consumer action cameras, the press release takes a bit of a different tone: founder and CEO Nick Woodman now calls GoPro “a leading American imaging and optical solutions company, addressing important areas of national security related to cameras, optics and AI infrastructure.”
“The combination of GoPro’s world-class optical expertise and intellectual property with Starman’s advanced transceiver capabilities and U.S. manufacturing platform creates a unique opportunity. Together, we intend to bring production of these critical components...
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