Ailing former action camera heavyweight GoPro hopes to solve at least part of its financial woes by licensing its technology to Jabil, a manufacturing and engineering services provider.
The global multi-year deal allows Jabil to put GoPro lenses and sensors in 3rd party, non-GoPro-branded devices, a first for the company. Jabil has been working with GoPro since 2014, when it started manufacturing the Hero4 camera. It is a big manufacturing firm, with 90 facilities across 23 countries.