Browser maker Opera has filed to go public
Norway-based company Opera Ltd. has filed for an initial public offering in the U.S. According to its F-1 document, the company plans to raise up to $115 million.
In 2017, Opera generated $128.9 million in operating revenue, which led to a net income of $6.1 million.
While many people are already familiar with the web browser Opera, the company itself has had a tumultuous history. Opera shareholders separated the company into two different entities — the browser maker and the adtech operations.
The advertising company is now called Otello. And a consortium of Chinese companies acquired the web browser, the consumer products and the Opera brand. That second part is the one that is going public in the U.S.
They offer an innovative, WebKit/Blink-based product.
Also at Android Police.
Related: Opera Browser Sold to a Chinese Consortium for $600 Million
Opera Discontinues its Mobile VPN App
(Score: 3, Interesting) by takyon on Tuesday July 03 2018, @06:58PM
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