18-07-2016 09:09 via feedproxy.google.com

Opera cancels full takeover, sells some consumer ops

(Telecompaper) Opera has canceled its full takeover by a Chinese consortium after transaction conditions were not met by the deadline of 15 July. Opera has, however, approved an alternative transaction, for EUR 600 million: the sale of some of its consumer business and namely, its mobile browser, including its Operator Co-brand systems, its desktop browser, performance and privacy apps, Opera's technology license business outside of Opera TV, and Opera's 29.09 percent stake in Chinese joint vent
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