Facebook reported to be in talks to acquire Opera

By Digit NewsDesk | Published on 30 May 2012
Facebook reported to be in talks to acquire Opera

Vostro 3501

Popular tech to stay connected anywhere. Save more on exciting Dell PCs.

Click here to know more


Facebook is reportedly in talks to buy Opera Software, a Norway-based firm best known for its desktop and mobile browsers.

Share prices of Opera rose nearly 20% amidst Facebook acquisition speculation, with rumours indicating a buyout price of $1bn, certainly a value easier to swallow than the controversial $1bn acquistion of Instagram.

Earlier this week, Facebook was reported to be snapping up Apple iPhone and iPad engineers, in an effort to develop its own mobile device – these latest Opera acquisition rumours tie up with the same aim.

Facebook's recent IPO has been called the worst in a decade, with share prices falling steadily after flotation, further increasing pressure on the social network to perform.

With Opera in its pockets, Facebook could very well strengthen its position, and be in the driver’s seat, stabilizing its shaky future. Apart from making the social network’s mobile experience more comprehensive, it could help Facebook with advertisements and monetization on the platform, and even woo mobile game developers.

Digit NewsDesk

The guy who answered the question 'What are you doing?' with 'Nothing'.

Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.

We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.

DMCA.com Protection Status