GoPro Announces $285 Million Merger with Starman Optical

GoPro has entered a definitive merger agreement with Starman Optical, a privately held company specializing in optical transceivers for AI data centers. Under the terms, GoPro shareholders will receive $1.14 per share in cash and retain approximately 10% ownership of the company. The transaction will also settle GoPro’s outstanding debt of approximately $92 million.

The company will continue to support its consumer products while expanding into AI infrastructure, defense, and aerospace markets. The deal is expected to close by the end of 2026.