Optical Transceivers

GoPro to merge with photonics startup Starman Optical in $285 million cash deal

GoPro has agreed to a $285 million cash merger with Starman Optical, a privately held maker of high-speed optical transceivers for AI data centers. Shareholders will receive $1.14 per share plus a roughly 10% stake in the combined, still Nasdaq-listed company, and Starman will also pay off GoPro's $92 million debt. The deal, expected to close by year-end pending regulatory approval, comes as GoPro's stock had crashed toward delisting territory amid weak sales and auditor doubts about its survival.

techspot.com · 2026-09-02

GoPro to merge with optical-photonics firm Starman Optical in $285M AI data center push

GoPro announced a merger with optical-photonics company Starman Optical, a deal valued at $285 million that will pay off GoPro's roughly $92 million in outstanding debt. Existing GoPro shareholders will retain about 10 percent ownership of the combined, still publicly traded company, which expects the deal to close by the end of 2026 pending shareholder and regulatory approval. Beyond its camera and subscription business, GoPro plans to expand into optical transceivers for AI infrastructure, along with defense, government, robotics and aerospace markets.

engadget.com · 2026-09-01