Personal View site logo
Make sure to join PV on Telegram or Facebook! Perfect to keep up with community on your smartphone.
Xiaomi can buy GoPro
  • GoPro could conceivably fetch $1 billion, based on the price that Hewlett Packard paid for Palm—another struggling electronics maker—in 2010. A sale might happen. CEO Nick Woodman has said publicly that he is open to a deal. Chinese electronics maker Xiaomi has weighed whether to make an offer but doesn’t want to overpay, according to a person familiar with the matter.

    GoPro Inc. jumped as much as 8.8 percent after a report said Chinese electronics maker Xiaomi Corp. has weighed whether to make an offer for the action-camera maker.

    https://www.bloomberg.com/news/articles/2018-04-12/gopro-surges-on-report-that-xiaomi-has-considered-an-offer

    Can be quite real, as Yi suddenly become not too big priority for Xiaomi few months ago, as it seems.

  • 2 Replies sorted by
  • I was thinking DJI might try to buy them but 1 Billion is probably a bit high for them.

  • Wait a year until they're worth half that then buy them!