Opera Browser Receives Buy Out Offer For $1.2 Billion USD

Written by Michael Larabel in Proprietary Software on 10 February 2016 at 11:19 AM EST. 34 Comments
PROPRIETARY SOFTWARE
For those that haven't heard yet, Opera Software ASA has received a buy out offer led by a Chinese tech group for buying the browser maker for $1.2 billion USD.

China's Kunlun Tech and Qihoo 360 are leading the charge to buy out Opera Software for $1.2 billion, which is more than a 50 percent premium over its recent valuation.

Opera's board is recommending that its shareholders of the Norwegian company accept the current offer. It will be interesting to see what the next chapter holds for Opera given that their browser market-share has been dwindling, they abandoned their own rendering engine in favor of WebKit/Blink, etc. Are any of you still using Opera on Linux? Share your thoughts on their current Opera browser for Linux and this likely acquisition by commenting on this article in the forums.
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Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 20,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software. He can be followed via Twitter, LinkedIn, or contacted via MichaelLarabel.com.

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