Opera Renegotiates $1.2B Sale Down To $600M For Its Browsers

Discussion in 'HardForum Tech News' started by Megalith, Jul 18, 2016.

  1. Megalith

    Megalith 24-bit/48kHz Staff Member

    Messages:
    13,004
    Joined:
    Aug 20, 2006
    Is Opera worth $1.2B? Apparently not, as their buyer decided they would only shell out $600M. Sold are its mobile and desktop browser operations, its performance and privacy apps, its tech licensing not including Opera TV, and Opera’s 29 percent stake in Chinese JV nHorizon. The remaining company has 18 months to find a new name and trademark.

    The company announced that an offer to acquire the company for $1.2 billion has now been terminated, and in the meantime, the deal has been renegotiated: the same group will now pay $600 million to acquire only certain parts of Opera’s business. Opera will sell the Qihoo 360-led consortium its mobile and desktop browser operations, its performance and privacy apps, its tech licensing not including Opera TV; and Opera’s 29 percent stake in Chinese JV nHorizon. Opera’s remaining business that is not part of the sale will include Opera Mediaworks, Opera Apps & Games (including Bemobi) and Opera TV, along with about 560 employees. As of Q1, Opera had 1,669 employees in its full operation.
     
  2. lostinseganet

    lostinseganet [H]ard|Gawd

    Messages:
    1,127
    Joined:
    Oct 8, 2008
    I am currency using opera, and i am disappointed by how poorly it runs youtube. I liked it back in the day because it could talk the words of entire webpages, I could use its cache to grab videos, and back in my 56k days it was helpful to restrict pictures when reading websites, and previous website could be reached faster because they were in the cache. Pretty much the final straw was the loss of RSS. If it was not for my bookmarks I would leave the web browser...
     
    Nolan7689 likes this.
  3. Skripka

    Skripka [H]ardForum Junkie

    Messages:
    10,792
    Joined:
    Feb 5, 2012
    Uninstalled on all platforms and deleted my old Opera account. I'll miss that browser. Opera Mini was the shizzle.
     
    Nolan7689 likes this.
  4. Semantics

    Semantics 2[H]4U

    Messages:
    2,765
    Joined:
    May 18, 2010
    Dropped opera when it dropped presto.
     
    FLECOM likes this.
  5. Arbit3r

    Arbit3r Limp Gawd

    Messages:
    308
    Joined:
    Feb 22, 2013
    Any chance there was i would ever use Opera was gone when they cried and whined to EU to fine MS for including IE in windows. Claiming it was unfair for them to include it in their OWN OS. Pretty sad they needed the EU to do work they didn't want to.
     
  6. Reality

    Reality [H]ard|Gawd

    Messages:
    1,881
    Joined:
    Feb 16, 2003
    Been using opera for the last month or so. Works great and I no longer get TDR crashes with my nvidia drivers unlike chrome.
     
  7. oROEchimaru

    oROEchimaru [H]ardness Supreme

    Messages:
    4,658
    Joined:
    Jun 1, 2004
    darn i dont want to have the chinese spying on me... bummer loving opera data savings
     
    cageymaru likes this.
  8. krotch

    krotch [H]ardness Supreme

    Messages:
    4,509
    Joined:
    Aug 12, 2004
    Is Opera even worth $600m? I imagine simply making a new browser and putting out advertisements for it would be cheaper.
     
    KazeoHin likes this.
  9. rat

    rat [H]ardness Supreme

    Messages:
    4,915
    Joined:
    Apr 16, 2008
    Opera is now based on Chrome, BTW.
     
  10. John721

    John721 [H]ard|Gawd

    Messages:
    1,622
    Joined:
    Mar 8, 2006
    Well, there's always Vivaldi for the real Opera lovers. It was founded by the old Opera co-founder and former CEO.
     
  11. raz-0

    raz-0 [H]ardness Supreme

    Messages:
    4,489
    Joined:
    Mar 9, 2003
    Yeah. But oddly Reality is still right. Opera is like chrome stable release or something. They skip a lot of the chrome updates it seems and it runs better for it overall. I think chrome over-agiled itself.
     
  12. Reality

    Reality [H]ard|Gawd

    Messages:
    1,881
    Joined:
    Feb 16, 2003
    Well something in Chrome specifically causes me to get TDR errors. Opera and Edge do not trigger these driver crashes.
     
  13. rezerekted

    rezerekted 2[H]4U

    Messages:
    3,043
    Joined:
    Apr 6, 2015
    Damn, I use Opera and Opera mini too but don't trust the Chinese so will have to uninstall them.

    There is no problem with video playback in Opera on youtube, the issue is caused by the ad blocker built into Opera, that's if you are talking about the black screen you get on some videos. Just refresh the page and it will play fine when you get that issue.
     
  14. M76

    M76 [H]ardForum Junkie

    Messages:
    9,002
    Joined:
    Jun 12, 2012
    I only used opera to get stream urls from pages. Somehow the inspect element addon works much better in opera than in firefox.
     
  15. dergreg

    dergreg Cookie

    Messages:
    442
    Joined:
    Oct 31, 2008
    I managed to miss this and spent an hour trying to hunt down a decent browser. Came across Vivaldi randomly. In my few minutes playing with it, this feels like Opera with a V instead of an O in the corner.