Britton Law, P.A.
Free Consultation For Injury Cases
910-401-3356

A snapshot of a tech business for sale

Financial and tech experts interested in who is buying and selling businesses are keeping a close eye on what's happening with GoPro, the maker of action cameras. The brand is so well known in its sector of the industry that many consumers in North Carolina and around the country cannot name any other. That has created a lot of possible acquisition interest in the company, but GoPro execs have stated that, while they are open to selling, they are not as yet actively pursuing buyers.

GoPro would likely partner with a bigger tech company in the face of rapidly declining market demand for its products. The company's falling stock price rallied slightly at the news of its hiring an investment banking firm. However, upcoming waves of difficult regulatory issues in the U.S. and U.K. have made it apparent the stock is likely to continue on its downward slope, and heightened the importance of finding someone seeking to purchase a business that may no longer be able to stand on its own.

The company's "responsibility to scale the business" was cited in an email to Reuters, but that statement also included the caveat that GoPro has established "no active engagement" to sell the business with or without the help of J.P. Morgan. However, market experts see the writing on the wall when it comes to the future of GoPro as an independent entity. Morgan Stanley stated that GoPro would face a serious challenge to earnings growth.

As the tech world expands in some areas and consolidates in others, sound legal advice and assistance is important. Buying and selling businesses of any size may be made simpler and more profitable with the assistance of an attorney who has experience with these types of business transactions.

No Comments

Leave a comment
Comment Information

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
A snapshot of a tech business for sale | Britton Law, P.A.