Friday, 21 September 2018

Opera accepts $1.2bn takeover offer from Chinese consortium

By Nick Wood, Total Telecom
Wednesday 10 February 16

Browser maker's board unanimously recommends cash bid, reports Q4 revenue growth.

Mobile browser maker Opera on Wednesday accepted a US$1.2 billion takeover bid from a consortium of Chinese investors. The group is led by equity firm Golden Brick Silk Road Equity Investment Fund and includes Chinese security software maker Qihoo 360 and value-added services provider Beijing Kunlun Tech, among others. "We believe that the consortium…

Mobile browser maker Opera on Wednesday accepted a US$1.2 billion takeover bid from a consortium of Chinese investors. The group is led by equity firm Golden Brick Silk Road Equity Investment Fund and includes Chinese security software maker Qihoo 360 and value-added services provider Beijing Kunlun Tech, among others. "We believe that the consortium…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry