GoPro has reached a deal with a manufacturer to begin licensing its technology and designs to third-party products, the company has announced.
Under the new deal GoPro will begin sharing its intellectual property with manufacturer Jabil, which will install GoPro’s sensor and lens technologies in third-party products.
A statement issued to the press says that the licensing agreement works both ways and covers a range of products and services that each company offers.
The two companies have collaborated in the past with GoPro’s HERO range of action cameras, beginning with the Hero4.
“This agreement is a natural extension of our long-standing relationship with GoPro and our commitment to developing innovative technologies,” said Irv Stein, Jabil’s vice president of Jabil Optics. “Early market feedback indicates strong demand in the enterprise action camera segment for applications in smart homes, military, fire, police, rescue, and security.”
Via DPReview