Foxconn Invests $200 Million In GoPro 83
MojoKid writes "The initial wearable cameras [GoPro founder Nick] Woodman created to capture action shots as they happened used 35mm film, but his company's cameras have evolved into highly durable, HD vid-cams that are sought after by amateurs and extreme sports stars alike. It turns out Foxconn digs what GoPro has designed as well. The giant Taiwanese manufacturer just bought a significant stake in Woodman Labs, making Nick Woodman a billionaire in the processes. Taiwan-headquartered electronics manufacturer Foxconn (also known as Hon Hai Precision Industry Co.), purchased an 8.88% stake in Woodman Labs for $200 million, valuing the San Mateo, Calif. company at $2.25 billion."
FoxPro (Score:5, Funny)
Foxconn will buy the rest of the company and accept a buyout offer from Microsoft.
Microsoft's Visual FoxPro cameras will become all the rage.
With a Windows 8 interface... (Score:4, Funny)
Metro ruined my face