Tuesday, 19 July 2016

Opera browser bought for 600million dollars

The Opera browser has been sold off to a Chinese consortium for 600 million dollars, this browser has been the 5th most popular desktop browser, after Apple's Safari and androids' firefox.


This consortium, led by Qihoo 360 has bought the firm's name, its privacy and performance apps, and its tech licensing.
The company which still holds its consumer division which includes the Opera apps and Games , Opera TV now has about 18 months to change its name from Opera.

The company has pointed out that this is Just about a Quarter of itself for $600 million,therefore it is a good deal. Just Opera Tv racks about $616 million as revenue per year.

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