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    Opera Sold

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    • leocg
      leocg Moderator Volunteer last edited by

      What was Opera thinking?

      This is how business works.

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      • blackbird71
        blackbird71 last edited by

        ...
        To be honest, for me personally, if Opera has ANY association with China, then I will drop it like a hot potato.
        What was Opera thinking?

        It's not what Opera was thinking, it's what the majority of stockholders (the real owners) were thinking. Whenever one sells something, their focus is on receiving maximum financial return for the thing being sold. Everything else, in the real world, is secondary. Who buys it and for what purpose are at best secondary considerations. The seller's focus is on his selling value, and what becomes of the sold 'thing' becomes the buyer's problem. Sometimes moral or compassionate factors enter in and elevate secondary factors to primary significance, but that's frankly a rare occurrence. If you can cobble together more money than the Chinese consortium has offered, Opera's board (acting in its stockholders' interests) would most likely sell either the whole operation or the latest pieces to you.

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        • jackob11
          jackob11 last edited by

          Opera Sold. I think it's good. In both PC & Smartphone's market Opera's share is too low. In PC Google Chrome, Mozilla Firefox are the giant & in smartphone UC Browser overcame & beat Opera although it's born after so many days of Opera. And UC is a Chinese browser which is the 2nd most popular browser after chrome. I think Opera needs to change game plan that's why they sold the whole browser sector to Chinese. By the way, I don't trust on Chinese law. Some of their law's are silly & bullshit.

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          • custdemotest
            custdemotest last edited by

            Good to know: searching on bgp.he.net for AS6461 (SkyFire, see http://www.skyfire.com/moving?from=/ ) I found Zayo Bandwidth Inc instead. Very serendipitous...

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            • leocg
              leocg Moderator Volunteer last edited by

              Opera will keep Skyfire and Surfeasy: http://www.newsweb.no/newsweb/search.do?messageId=407334

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              • custdemotest
                custdemotest last edited by

                Yeah, my bad.

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                • leocg
                  leocg Moderator Volunteer last edited by

                  The transaction has been approved and it's near closing.

                  http://www.newsweb.no/newsweb/search.do?messageId=412332

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                  • blackbird71
                    blackbird71 last edited by

                    Thanks for the info link, @leocg.

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                    • A Former User
                      A Former User last edited by

                      The transaction has been approved and it's near closing.
                      http://www.newsweb.no/newsweb/search.do?messageId=412332

                      Which means what?
                      Are they selling everything but or just some? "Consumer business"?

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                      • blackbird71
                        blackbird71 last edited by

                        The answer probably rests within this quote from July 2016 ( http://www.fin24.com/Tech/News/opera-web-browser-firm-sold-for-just-600m-20160718) :

                        The Norwegian company will sell businesses including browsers for mobile devices
                        and desktops, technology licensing and a stake in a Chinese venture to the same
                        group that attempted the full takeover... The partial sale means the buyer group
                        gets the assets that Opera is best known for - browsers that help mobile-phone,
                        tablet and computer users surf the web faster by using less data.

                        The 'partial sale' is the one referenced in @leocg 's link several posts above ( http://www.newsweb.no/newsweb/search.do?messageId=407334) and is the current sale version:

                        On 15 August 2016, Opera and the Consortium signed an amendment to the Agreement
                        whereby it has been agreed that Opera will retain the Skyfire and SurfEasy
                        businesses in exchange for a reduction of the previously agreed enterprise value...:

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                        • leocg
                          leocg Moderator Volunteer last edited by

                          And the sale is completed: http://www.newsweb.no/newsweb/search.do?messageId=412755

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                          • A Former User
                            A Former User last edited by

                            Opera will retain the Skyfire and SurfEasy
                            businesses

                            What are those two?

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                            • leocg
                              leocg Moderator Volunteer last edited by

                              What are those two?

                              SurfEasy is the company behind Opera's VPN.

                              Skyfire is responsible for the technology behind video compression in Opera Mini, Opera for Android, etc.

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                              • blackbird71
                                blackbird71 last edited by

                                And the sale is completed: http://www.newsweb.no/newsweb/search.do?messageId=412755

                                Once again, @leocg, thanks for the link and the info.

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                                • zalex108
                                  zalex108 last edited by

                                  Do you have a back up of Opera folder system & profile?

                                  So, maybe it's time to do it...

                                  I don't think Chinese people will do rubbish with Opera but after read some comments would be a good point to take advantage and make a full backup.

                                  "You cannot know the meaning of your life until you are connected to the power that created you". ยท Shri Mataji Nirmala Devi

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                                  • leocg
                                    leocg Moderator Volunteer last edited by

                                    You should always do backups. ๐Ÿ™‚

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                                    • Deleted User
                                      Deleted User last edited by

                                      Does anyone know what's going to happen now that the sale is completed?

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                                      • leocg
                                        leocg Moderator Volunteer last edited by

                                        Does anyone know what's going to happen now that the sale is completed?

                                        Opera was divided in two companies: Opera ASA and Opera Software AS.

                                        Opera ASA is the holding responsable for Opera Mediaworks, Bemobi, Skyfire and SurfEasy. Opera Software AS will keep doing Opera's browsers.

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                                        • Deleted User
                                          Deleted User last edited by

                                          Does anyone know what's going to happen now that the sale is completed?

                                          Opera was divided in two companies: Opera ASA and Opera Software AS.
                                          Opera ASA is the holding responsable for Opera Mediaworks, Bemobi, Skyfire and SurfEasy. Opera Software AS will keep doing Opera's browsers.

                                          Okay. Thanks.

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                                          • A Former User
                                            A Former User last edited by

                                            In my language the "AS" prefix has an unfortunate connotation.

                                            Frankie Tagliano
                                            ๐Ÿ™‚

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