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GoPro will be acquired by Starman Optical for $285 million, with shareholders receiving $1.14 per share and about 10% of the combined company. The deal wipes out GoPro's $92 million debt and is expected to close by year's end.

GoPro will merge with optical-photonics company Starman Optical, receiving $285 million while retaining about 10 percent ownership. The deal, expected to close by end of 2026, moves GoPro into AI data center optical transceivers, defense, robotics, and aerospace. GoPro's $92 million debt will be paid.
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