Tuesday, 01 September 2026 · World
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EUROS The World Financial Report
Nº 52 Tuesday, 01 September 2026 · World Edition
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Struggling GoPro sells majority stake to optical maker Starman for $285 million

Markets-Economic Times · 2h ago · 🇮🇳 India
Struggling GoPro sells majority stake to optical maker Starman for $285 million

Starman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges. The acquisition will integrate Starman's optical transceivers into GoPro's product line. GoPro's consumer business will continue while tapping new markets. The transaction is expected to be finalized by the year's end.

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