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Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion - Phones - Nairaland

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Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by TechPill: 3:04pm On May 28, 2016
The popular Opera browser we all know is about to be acquired by a Chinese company. The company share holders voted in favor of the deal.

According to Techcrunch, The opera browser will be sold for nothing less than $1.2 Billion but for the deal to be completed they will have to wait for the approval from the authorities in China and Norway. According to Opera CEO Lars Boilesen and CTO Håkon Wium claims the decision isn't from them. Below is his exact words:

“I have been working for Opera since ’99, Håkon ’98,” Boilesen said. “He’s No. 8; I’m No. 16. We’ve been with Opera for many years. We got listed on the Stockholm stock exchange in 2004. So basically, the shareholders — they decided to initiate this process. It was kind of their decision. It wasn’t our decision.”
Opera Senior staff disclosed that this decision is made by the entire shareholders, from about 90.6 percent of the outstanding share capital and 90.9 percent of the votes in the company have approved the acquisition and this will not stop the company from improving and adding new feature to the Opera mobile and PC version for now.

Source: http://www.techpill.net/2016/05/opera-is-about-to-be-bought-by-chinese.html

seun, lalasticlala, mynd44

[img]http://4.bp..com/-zdBGUIytBZU/V0mfcV3TsNI/AAAAAAAAA8U/JGfujmHwf3cQq50mdQwzzGYM8ezKZU1KQCK4B/s1600/opera%2Bsold%2Bout%2Bto%2Bchinese.jpeg[/img]
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by TechPill: 3:06pm On May 28, 2016
[size=15][url=http://www.techpill.net/search/label/Tech%20Gist]Get All The latest Opera Gist And Read More Latest Tech News, Also See Facebook Reaction On Opera Acquisition[/url][/size]
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by McPhilz8(m): 3:08pm On May 28, 2016
No pee. Let 'em go ahead,would love it.
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Habayomie(m): 3:33pm On May 28, 2016
embarassed
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by boman2014: 3:37pm On May 28, 2016
make dem no try nonsense ooh
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 3:40pm On May 28, 2016
E remain Nairaland

6 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 3:44pm On May 28, 2016
If ordinary opera mini can sell for 1.2 billion dollars, only God knows how much chrome and Mozilla Firefox will sell

25 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by yomalex(m): 3:58pm On May 28, 2016
Ehn ehn
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by tulipsmadra: 4:03pm On May 28, 2016
What ever they do they shouldn't temper with the data saving feature and don't mess it up with their Chinese site on it home page. One thing am sure of is that they will remove support for some phones like BB OS ( OS 7 and below) and java phones.

2 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Opistorincos(m): 4:15pm On May 28, 2016
its time for me to learn how to build an app

1 Like

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 4:16pm On May 28, 2016
lofty900:
If ordinary opera mini can sell for 1.2 billion dollars, only God knows how much chrome and Mozilla Firefox will sell
why the much hype about this Mozilla Firefox?

13 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Collinz2(m): 4:42pm On May 28, 2016
lofty900:
If ordinary opera mini can sell for 1.2 billion dollars, only God knows how much chrome and Mozilla Firefox will sell
what makes u think opera is ordinary?

19 Likes 1 Share

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 5:54pm On May 28, 2016
krattoss:
why the much hype about this Mozilla Firefox?
Mozilla Firefox is the best browser in the world for now. How come nobody ever use the desktop version of Opera only the mobile version? But people always use chrome and Mozilla Firefox both on phone and computers

5 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 5:55pm On May 28, 2016
Collinz2:
what makes u think opera is ordinary?
it doesn't have much features like others
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by veekid(m): 6:59am On May 29, 2016
okay
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nutase: 7:00am On May 29, 2016
wink
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by BadIntentionz: 7:00am On May 29, 2016
Upgrade it
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by slightlyMad(f): 7:00am On May 29, 2016
buying a browser that has lost the battle to chrome.
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 7:01am On May 29, 2016
Like this if you use Opera. OPERA IS THE BEST BROWSER FOR MULTITASKING....INCREDIBLY FAST! FIREFOX AND CHROME ARE SHITTY BROWSERS!

9 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 7:01am On May 29, 2016
Who cares undecided
Stupıd overhyped browser.
You can't see or transfer saved pages sad

3 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Israel5(m): 7:02am On May 29, 2016
The poster above needs... Oh! my dear opera!

1 Like

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Israel5(m): 7:03am On May 29, 2016
Chinese will buy everythng including sme countries soon

3 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Nobody: 7:03am On May 29, 2016
lofty900:
Mozilla Firefox is the best browser in the world for now

LEARNERS...DOWNLOAD OPERA AND SEE FOR YOURSELF. REMEMBER...I USE TO THINK LIKE YOU UNTIL I TRIED IT.

6 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by ritababe(f): 7:03am On May 29, 2016
make them handle am well oh because na my best browser.
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by youngice(m): 7:04am On May 29, 2016
Ok
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by nbright: 7:05am On May 29, 2016
What?

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by ritababe(f): 7:08am On May 29, 2016
slightlyMad:
buying a browser that has lost the battle to chrome.


says by who, with their heavy data consumption?

5 Likes

Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by SamuelAnyawu(m): 7:10am On May 29, 2016
Nice cool
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by ipledge5: 7:13am On May 29, 2016
opera..lol
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by highskies(m): 7:16am On May 29, 2016
China ti take over
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by olarhtunji(m): 7:16am On May 29, 2016
after dere CEO promised to sell to me in 5yrs tym....wicked somebody
Re: Opera Is About To Be Bought By A Chinese Consortium For About $1.2 Billion by Xionez(m): 7:18am On May 29, 2016
Chrome my foot.
That browser is bad news on Mobile. its doesn't actually close, consumes RAM like no mans business and lemme not get started on the data it consumes...even while browsing Facebook. Data Savings mode my foot.

I've got 31 tabs on OperaMini and RAM usage doesn't pass 35MB. You can quit the browser and it shuts down fully.

With Chrome, just 6 tabs is 39MB gone. No option to close the browser so its either you relegate it to background or u force close. Restart phone and its one of the first things to boot up.

11 Likes 2 Shares

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