Opera raises funds for acquisitions

Michael Carroll
11 Nov 2013

Mobile browser firm Opera Software is gearing up for future acquisitions by raising just over half a million kroner in a rights issue.

The firm, which claims to have 350 million internet users globally, netted 548 million kroner ($892.1 million) in an issue of eight million new shares to existing domestic and international investors.

Opera plans to use the funds to increase its capital base for current and future acquisition activities and obligations.

Related content

Follow Telecom Asia Sport!
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.