Reuters · Prathik Jayaprakash ·

Starman Optical agrees to acquire GoPro for $285M in cash, a 29.5% premium to GPRO's last close; GoPro hit a $4B market cap on its first trading day in 2014

Action camera maker GoPro (GPRO.O) said on Tuesday it is being acquired by Starman Optical in an all-cash deal valued at $285 million.

Starman Optical agrees to acquire GoPro for $285M in cash, a 29.5% premium to GPRO's last close; GoPro hit a $4B market cap on its first trading day in 2014

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