{
  "id": 4995809,
  "title": "GoPro To Merge With Starman Optical In US$285 Million Deal",
  "url": "https://urgent.news/2026/09/02/gopro-to-merge-with-starman-optical-in-us-285-million-deal",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T02:19:52.000Z",
  "source": {
    "name": "Lowyat.NET",
    "slug": "lowyat-net",
    "url": "https://www.lowyat.net/2026/402876/gopro-merge-starman-optical/"
  },
  "original_language": "en",
  "account": "GoPro has agreed to merge with US optical-photonics company Starman Optical in a deal worth US$285 million. Under the agreement, GoPro shareholders will receive US$1.14 per share in cash, retaining about 10% ownership of the combined company. The transaction will eliminate GoPro's US$92 million in outstanding debt. The merger is expected to be completed by the end of 2026 after obtaining regulatory and shareholder approvals. GoPro will incorporate Starman's US-made optical transceivers into its product lineup, gaining entry into the AI infrastructure and data centre markets. The combined company aims to apply GoPro's imaging and optics technologies in government, defense, robotics, and aerospace applications. GoPro retains its consumer products, subscriptions, and cloud platform. The companies plan to invest in domestic production of critical optical components. GoPro will continue to trade publicly on Nasdaq following the merger. Starman Optical, a privately held company, focuses on developing optical transceivers for AI infrastructure and data centres, with plans to expand manufacturing in the US.",
  "summary": "GoPro has entered into a definitive agreement to merge with US optical-photonics company Starman Optical in a deal valued at US$285 million (~RM1.15 billion). Under the agreement, GoPro shareholders will receive US$1.14 (~RM4.61) per share in cash while collectively retaining approximately 10% ownership of the combined company. The transaction is expected to give GoPro a […] The post GoPro To…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}