Essential Information
- As of 2023, GoPro is headquartered in San Mateo, California, and operates as a publicly traded company on the Nasdaq stock exchange under the ticker symbol “GPRO.
- The company has a dedicated team of engineers and designers in California who work on developing innovative camera technologies and software.
- In conclusion, GoPro is a US company that was founded in California and remains headquartered in the United States.
In the realm of action cameras, the name GoPro resonates with adventure and adrenaline. But beyond the rugged exterior and stunning footage, many wonder: “Is GoPro a US company?” This blog post delves into the intricate web of GoPro’s origins, ownership, and global presence to unravel the truth behind this captivating brand.
A Californian Birth
GoPro’s story begins in 2002 in San Mateo, California. Founded by Nick Woodman, a surfer and entrepreneur, the company initially focused on wristwatch cameras for surfers. In 2004, the first GoPro camera was released, revolutionizing the way people captured their action-packed moments.
Global Expansion
As GoPro’s popularity soared, the company expanded its operations globally. In 2014, GoPro went public on the Nasdaq stock exchange, raising over $427 million. Today, GoPro has offices in over 10 countries, including the United States, China, Japan, and Australia.
Ownership Structure
GoPro’s ownership structure has evolved over the years. In 2016, a Chinese consortium led by Foxconn Technology Group acquired a majority stake in GoPro. However, in 2020, GoPro repurchased the majority of its shares from Foxconn, regaining control of the company.
Current Status
As of 2023, GoPro is headquartered in San Mateo, California, and operates as a publicly traded company on the Nasdaq stock exchange under the ticker symbol “GPRO.” The company designs, manufactures, and sells action cameras, accessories, and software.
Manufacturing Locations
While GoPro is a US company, its manufacturing operations are not solely based in the United States. GoPro has manufacturing facilities in China and Mexico to optimize production and meet global demand.
Research and Development
GoPro’s research and development (R&D) efforts are primarily conducted in the United States. The company has a dedicated team of engineers and designers in California who work on developing innovative camera technologies and software.
Global Presence
GoPro has a strong global presence with distribution channels in over 100 countries. The company’s products are sold through retail stores, online retailers, and its own website.
Wrap-Up: A Californian-Born Global Giant
In conclusion, GoPro is a US company that was founded in California and remains headquartered in the United States. While it has expanded its operations globally, GoPro’s ownership, research and development, and core identity are deeply rooted in the United States. The company’s global presence and manufacturing operations demonstrate its commitment to meeting the needs of adventure-seekers worldwide.
Answers to Your Most Common Questions
Q: Where is GoPro’s headquarters located?
A: GoPro’s headquarters is located in San Mateo, California, USA.
Q: Is GoPro a publicly traded company?
A: Yes, GoPro is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol “GPRO.”
Q: Who owns GoPro?
A: GoPro is owned by a diverse group of shareholders, including institutional investors and individual investors.
Q: Where are GoPro cameras manufactured?
A: GoPro cameras are manufactured in China and Mexico.
Q: Does GoPro have offices outside the United States?
A: Yes, GoPro has offices in over 10 countries, including China, Japan, and Australia.