Xiaomi is most likely recognizable amongst our readers for its telephones, and even perhaps for its earbud headphones. However I doubt many people call to mind cameras after we call to mind the fifth biggest smartphone producer. That mentioned, one day we may. In step with Bloomberg, Xiaomi is thinking about making an be offering on GoPro.
This information follows the January announcement that GoPro could be leaving the drone trade as a part of its broader monetary woes. GoPro CEO Nick Woodman remarked in an interview on the time that he was once open to promoting the corporate. “If there was once a chance to merge GoPro with a bigger dad or mum corporate,” mentioned Woodman, “that might assist us scale our trade and supply a greater go back on funding […] we might welcome the chance to discover such a chance.”
In response to the inside track of Xiaomi’s pastime, it seems like he may have discovered a purchaser. Main points are nonetheless sparse, however The Knowledge believes GoPro may just fetch up to one thousand million bucks, regardless that I query the validity of a comparability to HP’s acquisition of Palm.
If Xiaomi does finally end up purchasing GoPro, I am hoping they do extra than simply use the title.