GoPro is about to look very different.
The action camera company has entered into a definitive agreement to merge with Starman Optical, a privately held U.S. optical-photonics company, in a deal that will push the iconic camera brand beyond action sports and into AI data centers, government, defense and aerospace markets.
According to GoPro’s official announcement, the transaction will provide GoPro shareholders with an aggregate $285 million in cash, or $1.14 per share, subject to potential adjustments. Existing GoPro shareholders will also maintain approximately 10% ownership of the combined…
