A Chinese consortium has bought the Opera Internet browser for $600 million (EUR 543 million or roughly Rs. 4,030 crores), its Norwegian developer said Monday, after a public share offer for the company failed.
The Chinese consortum led by Golden Brick Silk Road will only purchase the mobile and desktop versions of opera mini browser, plus performance and privacy apps and a stake in a the chinese venture, but not the advertising, games and television units, said Opera Software Head in a statement to the Oslo stock exchange, according to gadgets 360.
It was reported before that the $1.2billion public offer, though it was reported that it had not yet received regulatory approvals by the deadline of July 15. Opera CEO was quoted as saying in the daily Dagens Naeringsliv, "It wasn't that the approvals weren't given, just that it didn't happen before the deadline''.
Reacting further, Opera says its light, quick browser is used by more than 350 million consumers worldwide and would see a higher number of people use it once it enters the chinese market, considering that Golden Brick Silk Road Fund comprises Beijing Kunhun Tech that specialises in mobile game and Oihoo 360 that specialises in cyber security.
Well, Opera is certainly a very sleek browser but still ranked fourth behind Google Chrome, Apple's Safari and Android Browser for the mobile ones, in the monthly rating released last month by NetMarketShare. All the best to Opera and the new buyer, hope it makes opera even much better for both mobile and desktop versions.
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