Friday, August 28, 2015

Opera Software is seeking a buyer or partnership after … – Tudocelular.com

browser Opera is among us a long, long time, and applications such as Opera Mini are very popular, especially in emerging countries because of its proposal to save on data transfer. But neither it, nor its constant updates and interesting features were enough to actually compete with the weight of brands. Opera has always been in the shadow of the most famous browsers and now it seems that the scenario is complicated for the company.

The latest numbers and financial projections, as reported by Reuters earlier this month, do not look particularly good for a Norwegian software company. Although revenues from Opera Software have grown in the second quarter, they did not meet analysts’ expectations, and adjusted income went well wide of the target by a factor of $ 1.6 million. The forecast for 2015 total revenue was reduced from $ 630 million-650 million to $ 600-618 million.

But all is not lost. Even with hundreds of millions in revenues and over 1,000 employees, Opera could go through a period of painful restructuring and emerge as a leaner company, more agile, and probably would not continue supporting its current range of mobile products and desktop. But apparently there is a possibility that the company may be looking for a buyer, which may result in the same consequences:. Reduced applications and focus on a smaller scope

The report from Reuters says that the board of directors of the Norwegian company announced that the Opera Sofware is considering a sale of the company, after failing in the second quarter revenue forecasts and reduce your expectations.

In a statement, the company also said that the search for a buyer, or other forms of partnership, comes “in response to the strategic interest in the company of a number of parties,” and the process will be aided by the bankers of Morgan Stanley International and ABG Sundal Collier.

But users do not have to worry about it, at least at first. Even if Opera is sold, does not mean that browsers and synchronization tools are stopped from day to night. The number of users is large and this should not happen, and the company will not announce anything serious for users anytime soon.

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