Announced
Financials
Tags
Acquisition
Single Bidder
Australia
Clothing and Accessories
Majority
Cross Border
Friendly
sporting helmets
Private
Pending
Synopsis
GoPro, an action camera manufacturer, agreed to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. Financial terms were not disclosed. "The greater helmet market represents a meaningful TAM expanding opportunity for GoPro, and we're excited for the Forcite team to join us so that together we can work towards enhancing the performance and safety of various types of helmets, starting with motorcycle helmets. We're excited to leverage our brand reputation along with our technical and operational capabilities to address what we believe is a long-term growth opportunity for our business," Nicholas Woodman, GoPro Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.