Opera Software is sold to China

Opera SoftwareOpera Software. Photo: Gorm Kallestad / Scanpix

The Norwegian software company Opera Software is likely to be sold to China for over 10 billion Norwegian kroner.

The Chinese takeover bid had as a condition that they had to have a 90 percent acceptance.
On Wednesday  Opera Software wrote in a stock exchange announcement that their shareholders who holds 90.6 percent of the shares and 90.9 percent of the votes, have accepted the bid from the investor group that calls itself the Golden Brick Silk Road, according to e24.no
The Investor Group has offered 71 Norwegian kroner per share – and valued the company at 10.5 billion.
Investor Group which is now buying Opera, includes the Chinese IT giant Qihoo 360, Beijing Kunlun Tech and Golden Brick Silk Road Fund Management.

Source: NTB scanpix / Norway Today

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1 Comment on "Opera Software is sold to China"

  1. Radovan (SVK) | 28. May 2016 at 08:21 | Reply

    Can we trust a chinas software a.k.a. Opera browser? I was a big Opera fan. Now I look for alternative.

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