GoPro Acquired in $285 Million Cash Deal After Decade-Long Decline

Shares surged up to 80% following the announcement that the struggling action camera manufacturer will be bought out by an AI hardware group in a $285 million all-cash transaction.

1 Sept, 15:49 — 1 Sept, 15:49

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FTVery High1d ago

Action camera maker GoPro to be acquired after decade-long decline

Shares jump as much as 80% after announcement of $285mn cash deal with AI hardware group

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GoPro Acquired in $285 Million Cash Deal After Decade-Long Decline

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Action camera maker GoPro to be acquired after decade-long decline

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