/?pid=opera-to-sell-browser-business-to-chinese-firms-for-600m-17655

Updated:05:52 AM EDT Jun 11


this is ggmania.com subsite Opera to Sell Browser Business to Chinese Firms for $600M - TechAmok

Opera to Sell Browser Business to Chinese Firms for $600M - [briefly]
08:02 AM EDT - Jul,19 2016 - post a comment

Opera Software today scrapped plans to sell its entire business to a consortium of Chinese companies and will instead sell to them its consumer browser business. The original deal, valued at $1.2 billion, would have seen a handful of China-based investment firms take over all of Opera's businesses. The deal was unable to win government approval in Opera's home country of Sweden and had to be scrapped. Opera and the firms in question reworked the deal to sell off Opera's browser business for $600 million. Under the terms of the deal, the consortium will get Opera's mobile browser, including versions co-branded by mobile network operators; Opera's desktop browser, and performance and privacy apps; Opera's technology licensing business; and Opera's 29.09% ownership of a nHorizon. The Chinese investment firms will be allowed to use the Opera brand on these consumer-facing products. Opera Software will hold onto its Opera Mediaworks, Opera Apps & Games, and Opera TV businesses. Opera CEO Lars Boilesen will serve as CEO for both Opera and the divested unit until December 31, after which he will remain with Opera Software. Opera believes this new transaction will be complete by the end of the third quarter.

Short overview of recent news articles

WWDC 2025: Everything Revealed in 9 Minutes (Jun,11 2025 )

Microsoft June 2025 Patch Tuesday fixes exploited zero-day, 66 flaws (Jun,10 2025 )

This Malware BREAKS WINDOWS! (Jun,10 2025 )

Reset Forgotten Password without Any Software, without USB drive in (Jun,10 2025 )

Microsoft Will Block Unsupported Hardware For Windows 11 (Jun,08 2025 )

Memory Wars! Apple vs Ryzen - Is Unified Memory Faster than Shared (Jun,08 2025 )

Predator: Killer of Killers - Exclusive Clip (2025) (Jun,06 2025 )

Enable Deep Effect on Samsung One Ui 7 (Jun,06 2025 )

Google Kills Off PayPal in Google Wallet (Jun,05 2025 )

Samsung's Next Flagship Foldable Will be Ultra (Jun,05 2025 )

Over 40 Malicious Chrome Extensions Mimic Popular Brands to Steal (Jun,05 2025 )

The Witcher IV - Unreal Engine 5 tech demo (Jun,03 2025 )

Nintendo Switch 2 Welcome Tour trailer (Jun,02 2025 )

Stranger Things 5 | Date Announcement | Netflix (Jun,01 2025 )

RTX 5060 Review... No wonder NVIDIA tried to stop us from talking (May,31 2025 )

Samsung Galaxy Watch 8 Classic Is Here - 7 New Updates (May,30 2025 )

Biggest Windows 11 24H2 May Update in the Main Release (May,30 2025 )

How Much Money Should You Spend on a Gaming PC? (May,29 2025 )

laud Note vs Note Pin - Which AI Voice Recorder To Choose (May,29 2025 )

Samsung One UI 8.0 vs One UI 7.0 - 25+ Changes (May,29 2025 )

SECRET CODE UPDATE for Samsung Galaxy Phone to Boost Performance & (May,28 2025 )

WhatsApp is finally available on iPad (May,27 2025 )

Simple Trick To Lower CPU Temperatures (May,27 2025 )

Alma & The Wolf - Official Trailer (2025) Ethan Embry, Li Jun Li, (May,26 2025 )

Change These Browser Security Settings NOW (May,25 2025 )

I NEED AMD to Seize This Moment - RX 9060XT (May,24 2025 )

Windows 98 with a G41 Core 2 Duo System (May,23 2025 )

Disable These Windows Settings for Better FPS! (May,23 2025 )

I Got the Golden GPU from Dubai (May,20 2025 )

Windows 10 emergency update KB5061768 fixes BitLocker boot loops - (May,19 2025 )

2025 AUDI S5 AVANT // 0-100 100-200 TOP SPEED POV & SOUND (May,19 2025 )

Jurassic World Rebirth - Official 'Alert' Teaser Trailer (2025) (May,18 2025 )

F1 25 and F1 The Movie hand in hand (May,18 2025 )

Everyone is Cooling Their PC Wrong (May,17 2025 )

M5 KILLER? Testing the MERCEDES E63S AMG! (May,16 2025 )

Samsung Fully Reveals 5.8mm-Thick Galaxy S25 Edge (May,16 2025 )

Apple Intros New Accessibility Apps, Plus Accessibility "Labels" (May,16 2025 )

Americana - Official Trailer (2025) Sydney Sweeney, Halsey, Simon (May,16 2025 )

Aston Martin x Apple CarPlay Ultra - Next generation of automotive (May,16 2025 )

Google TAG deleted 23,000+ YouTube channels in January, February, (May,15 2025 )

NVIDIA GeForce Game Ready 576.40 WHQL Driver Released (May,14 2025 )

F1 - Official Trailer #2 (2025) Brad Pitt, Damson Idris, Kerry (May,13 2025 )

The Old Guard 2 - Official Trailer (2025) Charlize Theron, KiKi (May,11 2025 )

I think I know why Ryzen 9000 Series CPUs are Dying...(!) (May,11 2025 )

Is Windows Defender good enough in 2025? (May,10 2025 )

AMD Adrenalin 25.5.1 Driver Released for Doom: The Dark Ages (May,09 2025 )

Ripple SEC Grip OVER, XRP Freedom of USE, Market MODE BULL RUN (May,09 2025 )

"Is x86 Actually Screwed?" ft. Wendell of Level1 Techs - (May,08 2025 )

Android's New Design Guidelines Leaked (May,07 2025 )

Grand Theft Auto VI trailer #2 (May,06 2025 )

>> News Archive <<

TechAmok - Privacy Policy        loading time:0.01secs