Stories
Slash Boxes
Comments

SoylentNews is people

posted by mrpg on Tuesday July 03 2018, @05:40PM   Printer-friendly
from the is-this-good-or-bad? dept.

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


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Informative) by Anonymous Coward on Wednesday July 04 2018, @02:02AM

    by Anonymous Coward on Wednesday July 04 2018, @02:02AM (#702302)

    Google Reader was shutdown to raise Google+ popularity. Along with YouTube account hooked to Google+ account. Those were some shortsighted decisions. I'm glad Google+ doesn't pan out as expected.

    Google own feedburner/feedproxy, and Google News still offers RSS/atom, so I don't think they are malicious toward RSS.

    Starting Score:    0  points
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  

    Total Score:   1