Market Overview

GoPro Is Looking Into Cube Cameras (Or At Least Trying To Prevent Others From Doing So)

Share:
GoPro Is Looking Into Cube Cameras Or At Least Trying To Prevent Others From Doing So
Related GPRO
Where There's Smoke, There's Not Always Fire: Be Careful With These 10 Rumor Mill Stocks
Are These Tech Companies Too Reliant On One Major Customer?
Getting Long GoPro For The Risk Averse (Seeking Alpha)

GoPro Inc (NASDAQ: GPRO) was granted a patent Tuesday for a cube-shaped housing to hold a camera.

According to a report from re/code, GoPro "engineers began working on a square camera design in 2011, but declined to make any product announcements."

gopro.png

Source: re/code, U.S. Patent Office

"GoPro files patents like these to protect our technology and intellectual property," a company spokesperson told re/code.

The report speculates that a low-cost and highly compact camera might expand GroPro's audience while the company's current cameras are rectangular in shape.

Shares of GoPro closed at $43.41 Tuesday, down 0.39 percent.

Posted-In: re/codeNews Events Tech Best of Benzinga

 

Related Articles (GPRO)

View Comments and Join the Discussion!