Logitech says it will buy GoPro for $4.5B
Logitech said Wednesday it will purchase GoPro, the makers of the popular GoPro camera, for $6.2 billion.
The acquisition is expected to close by the end of the year.
GoPro’s shares were up about 1.5% in after-hours trading.
The company has struggled in recent months amid an industry-wide drop in the number of people using cameras.
The stock has slumped nearly 30% since the start of the financial year.