Group of Chinese Internet firms to acquire Opera Software for $1.2 billion

Norwegian online advertising and browser software company Opera has received an acquisition offer from a consortium of Chinese Internet firms and investors, it announced this morning. Kunlun and Qihoo 360, backed by the investment funds Golden Brick and Yonglian, have offerd $1.2 billion for 100% the publicly listed company, with Opera’s board recommending the deal. […]